Project IPO deals with initial public offering, or IPO, because it is the first sale of stock by a company to the public. A company can raise money by issuing either debt or equity. If the company has never issued equity to the public, it's known as an IPO. Broadly speaking, companies are either private or public. Going public means a company is switching from private ownership to public ownership. An in depth analysis involving every process of public issue and the banes and boons of the investors and the companies is made in the following project. In the recent past ,especially after 1990's there were significant changes in the investment patterns of the urban as well as rural communities. The urban savers used to invest in the Government securities such as National Saving Certificates, Post office recurring deposits and in bank deposits. The saving community in rural segment used to invest in agriculture, gold, land, jewelry, etc. which are by and large treated as unproductive or led productive. The tremendous shift in the investment pattern is in the form of two saving communities that they started looking at the corporate world as promising investment avenue. Some progressive companies engaged in production of fertilizers, put special efforts to make farming community a part of owners group. These efforts of the agro input supplying companies and the Agro based companies yielded fruitful results and the primary market base has been expanded to vast areas of the rural India. The massive expansion of the primary markets and the increased number of players in a primary market and also the significantly improved volume of funds raised by the corporate from primary market prompted the Government Of INDIA to come out with drastic amendments to Indian Companies Act; which regulates the process of raising the funds from the primary market.
[...] Currently MIC is active in the markets of LED Video Displays [indoor, outdoor & mobile] being used for Sports & Games, Transportation Hubs, Digital Theatres & theme parks , Advertisements and Public Information DisplWays. MIC provides its products & services in Telecommunication & Embedded software domains. MIC receives the Forbes' award for Best Under a Billion” MIC Electronics Limited has made it to this year's Forbes "200 Best Under A Billion" list for the Asia-Pacific region. This prestigious list selects 200 of Asia-Pacific's best small and medium sized companies with sales under $ one billion. [...]
[...] The other option is to split the 25 per cent on offer to the public (small investors) into a fixed price portion of 10 per cent and a reservation in the book built portion amounting to 15 per cent of the issue size. The rest of the book built portion is open to any investor What is the advantage of the Book Building process versus the normal IPO marketing process? The Book Building process allows for price and demand discovery. [...]
[...] Responsibilities of Escrow Bankers: Opening of Escrow accounts separately for Public and NRI for crediting of amounts received on application. Bank Branches to collect applications from Syndicate members. Reconciliation of amounts received. Preparation of Bank schedules. Issue of Bank Consolidated final certificate for the amounts realized. The Prospectus The `Prospectus' is the most important document, for the company to come out with a public issue. Pursuant to Section 2(36) of The Companies Act, `Prospectus' means any document described or issued as a prospectus and includes any notice, circular, advertisement or other document inviting deposits from the public or inviting offers from the public for the subscription or purchase of any shares in, or debentures of, a body corporate. [...]
[...] The Indian government has taken initiatives to electrify villages using LEDbased solar lighting, creating a huge opportunity for MIC Electronics (the only one in this field in India). The Indian Railways proposes to convert emergency and coach lighting into LED, generating a significant opportunity; seven of the Company's products were approved by the Indian Railways. The Company will address the street lighting opportunity through solar LED lighting products; it installed 100 such lighting products in Hyderabad. Mitigation measurement The Company's order book of Rs mn (as on 30th June 2008) is expected to be executed over 18 months. [...]
[...] IDBI Flexi Bonds I ,II,III Kerala State Electricity Board Krishna Bhagya Jala Nigam Ltd Power Finance Corporation Ltd Andhra Pradesh Water Resources Development Corporation A case study on IPO of MIC Electronics Limited Profile: MIC Electronics Limited. is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988. An ISO 9001: 2000 certified, it has marked presence in the highly dynamic domains of: LED Video, Graphics and Text Displays . [...]
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