Annexure ‘CD – 01’

FORMAT FOR COURSE CURRICULUM

L T P/S SW/F No. of TOTAL

W PSDA CREDIT
Course Title: Issue Management UNITS
Course Code: FIBA313 2 0 0 2 3
Credit Units: 3
Level: UG

Course Objectives:
The aim of the course is to familiarize the students about understanding the background of the Indian Financial System, issues involved in pre–issue
management, post-issue management and other key concerns of merchant banking activities.

Pre-requisites:
The student should have credited the following course –Financial Services, Financial System

Course Contents/Syllabus:
Weightage (%)
Module I Issue Management : Different Stakeholders 15%
Descriptors/Topics
Merchant Banking: Meaning, importance and categories; Role of merchant bankers;
Types of issues – IPO, FPO, Private Placement, OFS,
Types of investors – HNI, Retails, QIBs, Anchor
Module II Pre – Issue Management 20%
Descriptors/Topics
Types and characteristics of corporate securities: Shares, Debentures, Money Market Instruments; Selection of instruments;
Assessment of going public

Module III Book-building Process for Public Issues 25%

Descriptors/Topics
SEBI guidelines; Salient features, procedures; Drafting for offer documents, red-herring prospectus; Determination of pricing;
Allocation of securities to members of syndicates; Underwriting agreements, Subscription agreements; Marketing of the issues;
Allotment; Activity chart of book-building process; Escrow Account and ASBA.
 Module IV Post-issue management 20%
Descriptors/Topics
Closure of subscription list; Processing; SEBI guidelines regarding post-issue; Obligation of lead managers; Allotment of shares
and debentures; Issue of refund orders; Listing and its regulations

Module V Other Issues 20%

Descriptors/Topics
ADR, GDR, FCCBs , Performance Evaluation of Merchant Bankers - Public and Rights issue analysis; Different financial,
operational tools.

Course Level Outcome (CLO)-

• Students would be able to understand requirement of Issue Management.
• Students may evaluate the function of different merchant bank.
• Students may understand ASEBI guidelines for preparing Initial process of Issue.

List of Professional Skill Development Activities (PSDA):

i. Depth understanding about function of Merchant Bank
ii. Preparing Home Assignment / project to analyze functions of Pre Issue Management & Post issue Management functions.

Pedagogy for Course Delivery:

The learning pedagogy should involve understanding of an IPO of either debt or equity; the procedural details and the respective documents available in the
financial market through remote teaching

Assessment/ Examination Scheme:

Theory L/T (%) Lab/Practical/Studio (%) End Term Examination

50% NA 50%
Theory Assessment (L&T):
Continuous Assessment/Internal Assessment End Term
(____ %) Examination
(___%)
Components (Drop
down) Mid-Term Class test Assignment Attendance
Exam
Linkage of PSDA with 15% 15% 15% 5% 50%
Internal Assessment
Component, if any
Weightage (%)

Mapping Continuous Evaluationcomponents/PSDA with CLOs

Bloom’s Level > Remembering Understandin Applying Analysing Evaluating Creating

g
Course Learning CLO1 CLO2 CLO3 CLO4 CLO5 CLO 6
Outcomes

Assessment
type/PSDA
Assessment ✓ ✓ ✓ ✓
Component
Mid-Term Exam ✔ ✓ ✓ ✓
Class test ✔ ✔ ✓ ✔
Assignment ✓ ✓ ✓ ✔
PSDA ✓ ✓ ✓ ✓ ✓ ✓

Text Reading:
• Cotter Derry, Advanced Financial Reporting-A complete guide to IFRS, Prentice Hall Grewal,
• T.S.,Shukla, M.C.,Advanced Accountancy,18th Edition Sultan Chand & Sons
• CA Sharma D.G.,CA Sarda Pawan,Financial Reporting,2013 Edition
• Taxxmann Maheshwari,S.N.Advance Accountancy Volume –I 9th Edition Vikas Publishing House Pvt. Ltd.