Professional Documents
Culture Documents
Financial Management
Assignment Brief
Objective
Initial public offerings (IPO) are a major milestone in the life of a
company. It is an event that propels a company from anonymity to the
glare of public scrutiny, from being accountable to few stakeholders to
being answerable to the wider public. The assignment is designed to
expose the students the various aspects of raising finance through initial
public offerings. It is expected that on completion of the assignment a
successful student will be able to:
Tasks
This assignment is designed to obtain insight into companies who have
decided to raise funds through initial public offerings. Each student is
assigned a set of companies for this assignment. The main sources of
information would be the red-herring prospectus filed by the company
with SEBI, the post-IPO compliance documents filed by the company,
annual report of the company of the year immediately following the
IPO, and media and analysts reports around the time of the issue. The assignment is required in
the following tables for each of the companies assigned to the student. A suggested form of the
tables is appended.
Table 1: Basic information related to the issuer company
Table 2: Issue managers
Table 3: Past track record of the issuer company
Table 4: Offer to public and reservations
Table 5: Demand and allotment
Table 6: IPO valuation
Submission Details
The students should save each table in a separate MS Excel file using the following file naming
convention: <Roll Number>_<Table>_<#> and pack it using a programme such as WinZip or
WinRar. The file name of the packed file should be the roll number of the student. The
assignment should be mailed to <balkrishnaparab@jbims.edu> latest by Monday, December 15,
2014.
Instructor
Balkrishna Parab is the Indian Merchant Chambers Chair Professor of Banking and Finance at
the Jamnalal Bajaj Institute of Management Studies, University of Mumbai. Contact details: 164,
DN House, HT Parekh Marg, Backbay Reclamation, Mumbai 400 020. Telephone (O) 2202
4133, 2202 5153, 2202 4118 (Cell) 98335 28351. eMail: <balkrishnaparab@jbims.edu>.
Table 1
Basic information related to the issuer company and issue managers
Sr#
Company
Code
Industry as per
the National
Industrial
Classification
(NIC)
Objectives
of the
Issue
Basis
of
Issue
Price
Existence of Investor
Protection Measures
Safety Net
Greenshoe
Arrangement
Option
IPO Grading
Grading
Agency
Issue Size
Grade
Assigned
Number
of
Share
Issued
Issue
Price
Total
Issue
Size
1
2
3
4
5
6
Table 2
Issue Managers
Sr#
Company
Code
Lead
Merchant
Banker
Issue Managers
Book Running
Registrar
Lead Manager
Banker
Monitoring
Agency, if any
Under
writer
Appraising
Institution, if any
Stock
Exchange
at which
Shares
were
Listed
1
2
3
4
5
6
Table 3
Past track record of the issuer company
Sr#
Company
Code
1
2
3
4
5
6
t-2
t-3
Share capital
immediately before
the IPO
t-1
t-1
t-1
t-2
t-3
t-4
t-5
t-2
t-3
t-2
t-3
Capital
Structure
(Debt:
Equity Ratio)
t-1 t-2 t-3
Table 4
Offer to Public and Reservation
Sr#
Company
Code
Offer to
Public
Anchor
Investor
Employees
Shareholders
Reservation
Bond/ Debenture
Holders
Subscribers to
Service
Others
(Specify)
1
2
3
4
5
6
Table 5
Demand and Allotment
Sr#
Company
Code
Retail Investors
Shares
Applied
Shares
Allotted
Non-Retail
Individual Investors
Shares
Shares
Applied
Allotted
QIBs
Shares
Applied
Employees
Shares
Allotted
Shares
Applied
Shares
Allotted
Shareholders
Shares
Applied
Shares
Allotted
Others (Specify)
Shares
Applied
Shares
Allotted
1
2
3
4
5
6
Table 6
IPO Valuation
Sr
1
2
3
4
5
6
Company Code
Bases of Valuation
Assumptions of Valuations
Roll Name
Abhijit Dhuri
Abhishek
Wadurkar
Aditya Dewan
Agraj Shah
Ajinkya
Chopde
Aklesh Gupta
Sr#
Company Code
Company
20060313AHN
20050825AAR
20050421IDA
20070209MNT
20070205SSP
20100914TRP
20100922CNA
20070724CNR
20090827JNA
20050622NCA
20110221SDR
20100426TRP
20070115ART
20101006BTR
BS TRANSCOMM LIMITED
20100930CME
20071101MNR
20070604NLA
NELCAST LIMITED
20070921SPE
20090831GOU
20060328GDW
20061030IFE
20070918KUO
20060407LKS
20060106NTN
20080111FTR
20070719ONT
20070223PGI
20051213PNL
20060327TNI
20060316UTM
20070326AVN
20070726AIN
20050715IFA
20080729NTE
20100319SRE
20051209TLP
Roll Name
10
11
12
Akshay
Joshi
Amit
Patil
Anand
Borkar
Anand
Kewale
Aniket
Metkar
Ankit
Patel
Sr#
Company Code
Company
20060601ALA
20070320IRL
ICRA LIMITED
20080124KRC
20110110MDA
20060925MNR
20070717OAE
OMAXE LIMITED
20100916CRE
20101124CAI
20120222MLI
20100921OIN
20051007SRE
20070720ZLG
20051117AAE
20060901ALN
ATLANTA LIMITED
20051219CLB
20060921FEI
20080129SRR
20121121TRJ
20080211GSA
20090623MHN
20110907PEL
PG ELECTROPLAST LIMITED
20051118TIE
20060607VGE
20060223VSS
20121211BAT
20100129DBR
D B REALTY LIMITED
20100913IDS
INDOSOLAR LIMITED
20070115PCI
20110119TTS
20100923TCR
20070418BAW
20050304EAI
EMAMI LIMITED
20061204ESD
20070208MDA
20060203SDH
20060801TCM
Roll
13
14
15
16
17
18
Name
Ashish
Pai
Avik
Gupta
Aviral
Agarwal
Chinmay
Dhopate
Dhruval
Shah
Dipen
Kadam
Sr#
Company Code
Company
20060904HVS
20070507ISC
20100317PRI
20101213PNA
20110929TKH
20120424TIH
20070712APL
20100917EOI
20070827MGU
20051110PRM
20080811RSR
20060519UIY
20060331EKY
20070116HUE
20060222NTO
20051025PIH
20080115RLA
20080324TTG
20061116BUB
20060518DCA
20110124OKR
20090720RJO
20100728SSM
20100223UIE
20070209BOD
20061127LTO
20080526NRJ
20100429SVL
SJVN LIMITED
20090922TIK
20110810TEH
20100928BDU
20091211DBC
20090922ERM
20050704I&S
20071217PRA
20140916SEA
Roll
19
20
21
22
23
24
Name
Gajanan
Ghadlinge
Gajaraj
Pothu
Hanoz
Chhoga
Hardik
Delwari
Harsh
Khandelwal
Hetul
Sumra
20070910DAU
20100823GJR
20110928MAD
20060403SNT
SUN TV LIMITED
20100127SNO
20070518TMT
20091118CXA
20101013GSO
20100917MCO
20100614PRB
20051208PRL
PVR LIMITED
20060824VLA
20100208ASI
20101018CAI
20071115EEW
20070628HUI
20060926JSS
20110316PCI
20070108ATL
20080310GMO
20120322NTO
20060112RYL
20110620RSI
20070710SML
20060220BL.
20080609FRT
20091209GDE
20080131IBI
20100427MNH
20070515NTN
20070212IEC
20110930IDT
20130520JSD
20080623KKE
20110308LVB
20101012PET
Roll
25
26
27
28
29
30
Name
Jinkal Jain
Karanraj
Churiwala
Kiran
Sawant
Kunal
Deshpande
Kundan
Bhangale
Kushal
Churi
Company
20100111IFN
20071122JOH
20060320KWL
20100719MDI
20110420PRM
20070131PWR
20080508GKL
20110727LTF
20070820MTL
20070726SLM
20110322SIP
20100421TLA
20071205BRE
20060525PIE
20100927SAT
20060629SID
20080311STS
20070611VSA
20051220BRR
20100308DEN
20070927MYA
20121210PJE
PC JEWELLER LIMITED
20070801TKS
20071207TAS
20060929GOA
20101101GAI
20061106PRV
20110919PAA
20080219RRL
20110530TMO
20110509ANA
20071101EPE
20100203NPL
NTPC LIMITED
20100805PAA
20061211PRM
20060413RLA
Roll
31
32
33
34
35
36
Name
Kushal
Katiyar
Malav
Shah
Mayuresh
Hedaoo
Monil
Hariya
Mufaddal
Dahodwala
Neel
Samant
20080121CRS
20110223FNO
20070308GEA
20090807NPL
NHPC LIMITED
20101006OEO
20050405SRN
20090728AAI
20080807ASR
20110711BAA
20051219EUO
20070821IDW
20100219RRL
20071029BRK
20070507BNN
20070118CNM
20070723IRP
20051128RPO
20080201TLI
20070220AHS
20070215ADM
20050927ARO
20110816BOK
20110823SSL
SRS LIMITED
20050901TLR
20070618AKT
20070212IDS
20100429JYE
20070604MGM
20101118RPP
20110627RAY
200809082MI
20 MICRONS LIMITED
20091028DNN
20060216KSR
20070906KVR
20100525SAD
20110926SAA
Roll
37
38
39
40
41
42
Name
Ninad Jadhav
Nipun
Deolankar
Niraj Sharma
Omkar Parab
Prasad
Shankarwar
Prashant
Chauhan
Sr#
Company Code
Company
20100201EMI
20060216GTN
20100209HTW
20071120KUH
20070208OIN
20100216TXO
20110620BRA
20070611DFL
DLF LIMITED
20050309GTW
20070430MCE
20120516SEI
20070118TCN
20081007AKL
20070328AMN
20100624ATR
20060928HNN
20091012IDA
20090604RSA
20080512AUS
20111231CMA
20070705EEO
20060926GYT
20100311PAI
20101208RVK
20121207CEI
20060202GKP
20071217MNK
MANAKSIA LIMITED
20090916PPV
20070612RMN
20110427SRA
20110425FTR
20060221MHN
20060112RJR
20101130TES
20110429VSA
20061204XTE
XL TELECOM LIMITED
Roll
43
46
47
48
49
50
Name
Pravin
Khatake
Rahul
Jhaveri
Rahul
Jindal
Reema
Ambastha
Rohit
Panchal
Rohit
Suralkar
Company
20100924AHK
20060125JGA
20050218JTA
20080609SJL
20061211TNA
20070208VJY
20060928ACL
20050413ALE
20100125AUL
20070509AAI
20080128BNO
20051122EEE
20060731GRI
20100423NTS
20110510PWR
20110504SNH
20060309SLR
20100127TAG
20100323GEK
20061106LNO
20080612LTS
20110921RBR
20070122RDN
20050708SRR
20110929FEI
20080325KRD
20071119KLE
20090907OLI
20070731PRA
20100629TCN
20060123ETR
20100118JBL
20060328RSS
20140905SAD
20140826SOM
20100922VTE
Roll
52
53
54
55
56
57
Name
Sarvesh
Padalkar
Shivam
Panchal
Sonali
Damse
Subodh
Tirpude
Suraj
Gaydhane
Tejas
Dedhi
Company
20110426INV
20100323ITA
20080124OMB
20060216PAI
20070214RJT
20060519RTI
20110221ARP
20071210BIA
20090714ECL
20060911GAI
20110418MTO
20050811SSE
20100111BRA
20070205C&C
20060929DVL
20060410PEH
20071029RLG
20120629VSP
20071214AIS
20070207ERC
20070619III
20110720IVN
20071217PEI
20140421WNE
20050804HME
HT MEDIA LIMITED
20100311I&S
20060127IOL
20070320OBT
20100921RMY
20060901ATO
20091029ATC
20100310NDL
NMDC LIMITED
20050221UVS
20100127VSO
20080218VGA
Roll
58
59
60
61
62
63
Name
Vaibhav
Dixit
Vanishree
Samani
Veenashree
Samani
Vineet
Ranade
Viraj
Hegde
Vishal
Dave
20080415ASW
20051019BNA
20070416FRI
20060124GJR
20100705HNU
20120327MED
MT EDUCARE LIMITED
20090205ESR
20070129FRT
20100218MNI
20110928OEI
20070625SRA
20070123TAS
20070702ALE
20061211CIN
20070802KPR
20061204NSA
20080721VSA
20110530VSI
20080630BRA
20091207JWE
20131203PWR
20050610POO
20071119RNI
20050615YSB
200503303IN
3I INFOTECH LIMITED
20070205IDA
INDIAN BANK
20140311LHI
20061123RCI
20061214SRE
20050923SZO
20080611ACI
20070627BAA
20070524DCL
20050330GKL
20130313RPO
20110824TPO
Roll
64
65
66
67
Name
Zunjar
Sanzgiri
Sumedh
Patil
Shrishail
Chaudhari
Abhishek
Rathi
Company
20101208AZM
20051118AGS
20051111BMA
20070918CNO
20140206EGN
20050322JIP
20100802BJJ
20080118JKU
20051128KRE
20091127MLI
20101126MIL
MOIL LIMITED
20050629SLI
20071204ELR
20070212EII
20070115GOA
20060221JK.
J. K. CEMENT LIMITED
20071022SPL
SVPCL LTD
20130201VMR
20050428SOP
20061123SBA
20050715IFA
IDFC LIMITED
20071119KLE
20100311I&S
20101118RPP