m
m



m 



m  m 
Presented by²
SAGAR FAFADIA 21
RAMAKANT LADHA 42
ABHISHEK MEHTA 45
HARDIK MEHTA 48
RAJ PANDYA 60
DHARMESH GANDHI24
ANSHUL HEDA 27
Ú

 




h Persons in control of the issue are 

h Y 

 of interest or repayment of principal
amount in respect of debt instruments issued by it to the
public for more than six months
h Unless it has entered into an 
 

 

for dematerialization
h Úll existing partly paid-up equity shares of the issuer have
either been 

 or forfeited
þ mssuer shall appoint one or more merchant bankers, at least one
of whom shall be a  
 
þ Úppoint only those intermediaries which are   with
the board.
þ pesponsibilities of each merchant banker shall be
      in the offer document.
þ lead merchant banker shall advise the issuer on their
    .
þ appoint syndicate members or appoint bankers to issue, at all
  
 
 
þ shall 

 
which has connectivity with all the
depositories
þ a draft offer document, along with  as specified in
Schedule m , 30 days prior
þ Êhe


 
 
or issue
observations, if any, on the draft offer document
within thirty days
þ Êhe offer document filed with the Board under this
regulation shall also be furnished to the Board in a
soft copy in the manner specified in 

þ Êhe issuer shall obtain   

from
recognized stock exchanges having nationwide trading
terminals
þ Êhe lead merchant bankers shall submit to the Board
along with the draft offer document; a copy of
agreement, inter-se allocation, due diligence certificate,
confirming compliance.
þ documents to the Board after issuance of observations
by the Board or after expiry of the period stipulated
þ draft offer document filed with the Board shall be made
public for at least twenty one days from the date of
such filing, by hosting it on the websites of the Board,
recognised stock exchanges
þ lead merchant bankers shall, after expiry a statement
giving information of the comments received by them
or the issuer on the draft offer document
þ Êhe lead merchant bankers shall dispatch the offer
document and other issue material including forms for
Úpplication to the designated stock exchange,
syndicate members, underwriters, bankers to the issue,
investors¶ associations and Self Certified Syndicate
Banks in advance.
þ Appointment of Underwriter
þ Book Runner or Syndicate Bank
þ Agreement (Book runner & Syndicate member)
predetermined price.
þ Obligations
þ Copy of agreement to be filled with Board
þ Minimum Subscription
þ Refund of Application Money
þ Exception
þ MONITORING AGENCY
h Public Financial Institution or Schedule commercial bank
h Submission of report on half yearly basis

þ MANNER OF CALLS
h Time frame of 12 months
h Forfeiture of shares
þ ALLOTMENT,REFUND
&
PAYMENT OF INTEREST
h Money to be refunded in 15 days
h Payment of interest

þ ALTERATION
OF RIGHTS OF
HOLDERS OF SPECIFIED
SECURITY
Ä Õ   


á a
et Êangible Ússets of at least 3 Cr. in each of
Preceding 3 years.
b Êrack pecord of distributable profits for atleast 3 Out
of preceding 5 years.
c mt has a networth of atleast One Cr. in each of
Preceding 3 years.
d mf mssuer has changed its name within last á
Year, at least 50% 0f revenue for preceeding á
Year has been earned from the activity indicated
by new name.

2 i mssue is made through Book Building

process.
or
ii Út á5% of cost of project is contributed by
banks.
[ mssuer may make mPO of convertible debt instruments.
4 mssuer shall not make allotment to public issue
if no. of allottees is less than á000.
5 rading for mPO from at least one credit rating agency.
 Ä  
á Price
2 Coupon rate and conversion price.
Ä Y  
 
a petail mndividual mnvestors
b Book Built mssue
c Composite mssue
d mployees
Ä 
 


 
á Price or price band
2 loor price or price band
Ä §


 

Ä  
Õ 
 
á mPO
2 PO
þ Minimum Offer to public , reservations etc

þ Reservation on competitive basis

þ Allocation in net offer to public

þ Price stabilisation through green shoe option

þ Period of subsciption
þ Pre-issue advertisement for public issue
þ Minimum application value
þ Allotment procedure and basis of allotment
þ Utilisation of subscription money
· Prohibition on payment of incentives
· Public communication, advertisements and
research report
· Copies of offer documents to be available to public
· Redressal of investor grievances

· Appointment of compliance officer

· Post issue report to Board
· Post issue advertisements
· Co-ordination with Intermediaries
þ åhat is QIP?

þ Conditions for QIP

þ Appointment of Merchant Banker

þ Placement document
þ 



· The prices determined for qualified institutions placement shall be

subject to appropriate adjustments if the issuer:
Makes an issue of equity shares by way of capitalization of profits
or reserves, other than by way of a dividend on shares.
Makes a rights issue of equity shares.
Consolidates its outstanding equity shares into a smaller number
of shares.
Divides its outstanding equity shares including by way of stock
split.
Re-classifies any of its equity shares into other securities of the
issuer.
Is involved in such other similar events or circumstances, which in
the opinion of the concerned stock exchange, requires
adjustments.
Ä pestriction on allotment:
á inimum of á0% of eligible securities
shall be allotted to mutual funds.

2
o allotment shall be made, either directly

or indirectly, to any qualified institutional
buyer who is a promoter or any person
limited to promoters of the issuer.
3. mn a qualified institutional placement of
non- convertible debt instrument along
with warrants, an investor can subscribe to
the combined offerings of non- convertible
debt instruments with warrants or to the
individual securities, that is, either non-
convertible instruments or warrants.
4. Êhe applicants in qualified institutions
placement shall not withdraw their bids
after the closure of the issue.
Ä inimum number of allottees
á Êhe minimum number of allottees for each
placement of eligible securuties made
under qualified institutions placement shall
not be less than:
a two, where the issue size is less than or
equal to two hundred and fifty crore
rupees;
b five, where the size is greater than two
hundred and fifty crore rupees
2 Êhe qualified institutional buyers
belonging to the same group or who are
under same control shall be deemed to be
a single allottee.
Ä alidity of the special resolution

Ä pestrictions on amount raised

Ä Êenure

Ä Êransferability of eligible securities