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08 Sep 2026 1 min read
Grant Thornton Bharat’s 'IPO Access' podcast series features conversations with leaders and experts on the decisions, governance and leadership practices that shape successful IPO journeys and build long-term market confidence.
And the earlier founders make it, the more room they have to get it right.
In Episode 2 of IPO Access, Karan Marwah, Partner and Capital Markets Advisory Leader, Grant Thornton Bharat, speaks with Priyanka Duggal, Partner, Deals Structuring, Grant Thornton Bharat, on why corporate structuring needs to be on the table from the moment an IPO becomes a possibility.
They discuss the questions founders should be asking early: Are legacy structures still serving the business? Is the promoter holding structure right? What needs to be cleaned up before listing? And where could tax, regulatory or succession considerations create complications later?
Because the structure that helped you build the business may not be the one that helps you take it public.
As Priyanka puts it: “Eventually it is value. Tax risk either takes away from it or, if you manage tax risk, you are enhancing value.”
The takeaway? Start early. Keep it simple. And build a structure that supports where the business is headed.
The combined market capitalisation of companies listed on the BSE stands at about INR 494 lakh crore. As the scale, participation and breadth of India’s listed market grow, so does the responsibility to protect the information on which investment decisions are made.
Grant Thornton Bharat’s 'IPO Access' podcast series features conversations with leaders and experts on the decisions, governance and leadership practices that shape successful IPO journeys and build long-term market confidence.
Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.