10 Things To Know About Initial Public Offerings In Mauritius

Mauritius has established itself as a leading international financial services centre and has made it to the pantheon of successful developing economies by adopting international norms, best practices and promoting a business friendly environment.  The Stock Exchange of Mauritius Ltd (the "SEM") is today one of the leading exchanges in Africa. The Official Market of SEM took off with 5 listed companies and as at December 2016, there were 51 companies representing a market capitalization of nearly US$ 9.2 billion. The ability to raise capital for expansion of a business is essential to every company. Mauritius is an increasingly attractive jurisdiction for capital raising. In this connection, we have listed below 10 key things to know on the regulatory framework applicable to initial public offerings ("IPOs").