Overview
Initial Public Offerings (IPOs) are a common source of public fund raising for companies in a growth phase looking for capital to expand. They also give a smooth & fruitful partial or full exit to existing investors. India's IPO market has recorded very strong performance since the beginning of CY 2015, around 100 companies raised INR 1,30,000 crore (USD 19 billion) through public fund raising with a combination of primary fund raise and offer for sale by existing shareholders. IPOs continue to be driven by a combination good market sentiments and robust regulatory framework.
VCCircle’s upcoming workshop on “Fund Raising through IPOs” will help participants to understand the IPO markets, process and procedures involved, how to prepare for an IPO, due diligence requirements, IPO Audit, dos and don’ts and various compliance requirements.
Learning Outcome:
Grasp the nitty-gritty of the IPO processes and procedures, when should one think about an IPO, what to keep in mind while preparing for an IPO, and the various associated requirements and compliances.
Who should attend?
- Corporates - Mid-Sized corporates, particularly in growing businesses
- Corporates which have received funding from financial investors
- Promoters, CEOs, CFOs, Finance Directors, Directors
- Corporate Finance Team
- Company Secretary, Legal Consultants
- Financial Advisors, Investment Bankers
- Any corporate who wishes to raise funds through the capital market route
Agenda
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9:25 AM – 9:30 AM
Welcome Note
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9:30 AM – 11:30 AM
Overview of fundraising avenues for Indian corporates
- Introduction to Indian Equity Capital Markets and trends
- Indian capital market snapshot- both primary and secondary
- Key recent emerging themes
- Big Picture Steps in the IPO Process
- Valuations and Marketing Construct for an IPO
- Timing
- Structuring
- Sizing – primary vs. secondary
- Pre IPOs – rationale, precedents, etc.
- Key Roles of Banks in an IPO
- Basic IPO Road Map
- Other fund-raising options for Indian corporates (QIP / FPO / Rights / Preferential Issue)
- Q&A
Trainer: Gaurav Sood, Managing Director & Head, Equity Capital Markets, Avendus Capital
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11:30 AM – 1:00 PM
Key regulatory framework & audit for IPO
- Key applicable regulations
- Key amendments in ICDR
- IPO eligibility norms and modes (fixed price v/s book-building)
- Dilution requirements
- Discussion on Auditors Deliverable
Trainer: Akash Aggarwal, Executive Director | Investment Banking, Axis Capital Limited
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1:00 PM – Onwards
Day 1 closes
-
9:25 AM – 9:30 AM
Welcome Note & Recap of Day 1
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9:30 AM – 11:30 AM
Regulations and compliances - An Exchange Perspective
- De-coding Listing Agreement
- Listing Benefits
- Exchange Listing requirement
- Investor categories in Capital Market transactions
- Key obligations post-listing
- Case Study – IPO & Listing process
Trainer: Bhushan Mokashi, General Manager, Listing Sales, BSE
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11:30 AM – 1:00 PM
Due Diligence & Disclosure aspects for an IPO
- Due-diligence requirements
- Critical disclosure requirements (financial, business, secretarial and legal)
- Role of CFO and Company Secretary
- Corporate Governance compliance
- Disclosure responsibilities of the Board
- Liability for misstatements/ omissions in Prospectus
- Case Study - IPO Due Diligence
Trainer: Gautham Srinivas, Partner, Khaitan & Co.
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1:00 PM – Onwards
End of Training
Experts
Akash Aggarwal
Executive Director | Investment Banking, Axis Capital Limited
Akash Aggarwal
Executive Director | Investment Banking, Axis Capital Limited
Bhushan Mokashi
General Manager, Listing Sales, BSE
Bhushan Mokashi
General Manager, Listing Sales, BSE
Gaurav Sood
Managing Director & Head, Equity Capital Markets, Avendus Capital
Gaurav Sood
Managing Director & Head, Equity Capital Markets, Avendus Capital
Gautham Srinivas
Partner, Khaitan & Co
Gautham Srinivas
Partner, Khaitan & Co
Do you have any queries?
Drop us a line and we will call you.
