In particular, the following conditions are set for state-owned enterprises wishing to enter an IPO or SPO:
- the collection of applications for the purchase of shares sold through an IPO or SPO is carried out by an underwriter or a group of underwriters with whom an agreement has been concluded to conduct the specified IPO or SPO;
- the underwriter sets price limits for collecting applications for the purchase of shares based on the results of a preliminary study of the joint stock company;
- distribution of shares through IPO and SPO is carried out on the basis of a single price determined by the underwriter based on supply and demand for shares;
- the underwriter is given the right to choose investors for the distribution of shares on the basis of an agreement concluded with a joint-stock company, as well as to establish a period for prohibiting investors from selling shares acquired as part of an IPO and SPO.