Initial Public Offering (IPO) refers to the process where unlisted companies offer their securities to the public to raise capital from the public investors and gets its securities listed on any one or more of the recognized stock exchanges. The process of IPO transforms a privately held unlisted company into a public listed company. Erudore Capital guides our clients through the entire transformation process right from the initial strategic assessment and early preparations, through the intensive phase of transaction execution and into life as a public company. We accompany our clients through the entire process, beginning with an in-depth understanding of the company’s business and ending with fulfilling the capital requirements through IPO. We bridge the gap between the company’s needs and those of stakeholders by conducting financial and legal due diligence, capital structuring, preparation of the Offer Documents, obtaining necessary statutory approvals, coordinating with various intermediaries, marketing the issue, conducting investor meetings, etc.
Rights Issue refers to the process where, a company offers additional shares, at a preferential price to its existing shareholders in proportion to their holding. Erudore Capital provides expert advisory and support throughout the process of rights issue, by working with the management for determination of offer prices, capital restructuring, conducting financial and legal due diligence, preparation of the Offer Documents, obtaining necessary statutory approvals, coordinating with various intermediaries, marketing the issue, etc.
Bonus Issue refers to distribution of additional free shares by the company to the existing shareholders of the Company. Erudore Capital offers comprehensive support throughout the bonus issue process by working with the management for determination of optimal bonus share ratio, analysis of the optional solution bonus or dividend, ensuring compliance with regulatory requirements and facilitating clear communication with existing shareholders about the bonus issue.
Qualified Institutional Placement (QIP) is a fund-raising method used by listed companies in India to raise capital through the issue of securities such as equity shares, debentures, or any other security other than warrants which can be converted into equity shares. QIPs are available only to qualify institutional buyers (QIBs), which include mutual funds, banks, insurance companies, pension funds, and other institutional investors.
Employee Stock Options is an employee benefit plan that enables employees to own part of the company they work for. Companies use this mechanism to retain high value talent and/or compensate their employees. Erudore Capital provides professional services to assist companies in structuring an appropriate Plan and drafting the ESOP Schemes, obtaining necessary statutory approvals and implementation of the Plan.
An “open offer” is an invitation by an Acquirer to the existing shareholders of a listed company, to sell their holding to the acquirer at a favorable value, as he has already or intends to; acquire a substantial control over the said listed company. Erudore Capital provides complete support to promoters in identification of target company, determination of its valuation, structuring of the transaction, conducting financial and legal due diligence, preparation of the Offer Documents, obtaining necessary statutory approvals, coordinating with various intermediaries, etc.,
Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors. Erudore Capital provides compressive support to Promoters in set up of Alternative Investment Funds by structuring the functioning of the AIF, drafting / vetting of the Placement Memorandum, issuance of due diligence certificate, application an application to SEBI and obtaining the requisite approval. Further Erudore Capital also undertake to do the annual due diligence of the AIFs.