Corporate funding and listing in stock exchange

Paper Code: 
BCS 611
Credits: 
06
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

Course Objective:

This course will enable the students to -

To acquire knowledge of various kinds of corporate funding and listing in stock exchange.

 

 

Course Outcomes (COs):

Course

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

Paper Code

Paper Title

BCS 611

Corporate funding and listing in stock exchange

The students will be able to –

 

CO 163:  expert knowledge on the various aspects and compliance requirement for making an IPO/FPO.

CO 164:  know about the financial innovations and expand his/her horizon into this new territorial like REIT, Inv IT.

CO 165:   basic understanding of the Alternative Investment Fund, Regulatory Framework governing AIF in India, Angel Fund and Scheme of Angle Fund, their working mechanism, types of AIF, their winding up etc. and Foreign Venture Capital Investors (FVCI)

CO 166:  Gain knowledge of various compliances required to be fulfilled from time to time by a company with respect to bonus shares, sweat equity shares and share based employee benefit schemes, Debt funding  non fund based funding and foreign funding

CO 167:Insight on SEBI regulations for listing and trading of securitized debt instrument and security receipts

CO 168:  Expert knowledge to the students about various time and event based compliances and various disclosure requirements as prescribed under the SEBI Listing Regulations with respect to various securities

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Demonstration,

Learning activities for the students:

Self learning assignments, Effective questions,  presentation, Giving tasks,

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

18.00

Indian Equity- Public Funding:                                                                      

  • Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009; Initial Public Offer (IPO)/ Further Public Offer (FPO); Preferential Allotment; Private Placement; Qualified Institutional Placement; Institutional Private Placement; Rights Issue; Fast Track Issue;
  • Listing–Indian Stock Exchanges:
  • Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)  Regulations, 2015; Equity Listing (SME, ITP, Main);Debt Listing; Post listing disclosures.                                  

 

 

 

18.00

Debt Funding – Indian Fund Based (Corporate Debt, Government Debt and Banking Finance):                                                                                                              

•      Debentures, Bonds; Masala Bonds; Bank Finance; Project Finance including machinery or equipment loan against property, Loan against shares; Working Capital Finance- Overdrafts, Cash Credits, Bill Discounting, Factoring etc. Islamic Banking.

•      Debt Funding – Indian Non fund Based:

Letter of Credit; Bank Guarantee; Stand by Letter of Credit etc

 

 

18.00

Real Estate Investment Trust (REIT);                                                                      

•      Infrastructure Investment Trust.

•      Indian Equity- Private funding: Venture Capital; Alternative Investment Fund; Angel Funds; Seed Funding; Private Equity.

Indian equity- Non Fund based: Bonus issue; Sweat Equity, ESOP.

 

 

18.00

Foreign Funding - Instruments & Institutions:                                             

•      External Commercial Borrowing (ECB); American Depository Receipt (ADR)/ Global Depository Receipt (GDR); Foreign Currency Convertible Bonds (FCCB); Foreign Currency Exchangeable Bonds (FCEB); International Finance Corporation (IFC), Asian Development Bank (ADB), International Monetary Fund (IMF).

•      Other Borrowings Tools: Inter-corporate Loans; Commercial Paper etc.; Deposits under Companies Act; Customer Advances/ Deposits.

International Listing: Applicability of Listing Regulations, Singapore Stock Exchange; Luxembourg Stock Exchange; NASDAQ- NGSM, NCM, NGM; London Stock Exchange- Main, AIM; U S Securities and Exchange Commission.

 

 

18.00

Non-Convertible Instruments- Non-Convertible Redeemable Preference Shares (NCRPs) etc.                                                                                                                           

•      Securitization

•      Preparing a Company for an IPO : Governance requirements thereafter, Appraising the Board and other functions in the organisations regarding the Post IPO/Listing Governance changes.

Documentation & Compliances.

 

References: 
  • Study Material Published by ICSI
  • Scanner-Arun Kumar(ShuchitaPrakashans(P) Ltd)

 

 

Academic Year: