COMPARATIVE STUDY ONFINANCIAL AREAS

Done at

Submitted to – IIPMSubmitted by – PRASHANT

MAHARSHIBatch – ISBE/PGP/SS/2011-13

COMPANY PROFILE

• Incorporated on 18th May, 1994 as Pvt. Ltd. Company.

• Converted into Limited Company on 13th June, 1995.

• 100% subsidiary of Interface Financial Services Ltd.

• Corporate member of National Stock Exchange.

• Corporate member of ASE, registered with SEBI.

PRODUCTS AND SERVICES

• Online Trading

• Services related to Capital Markets

• Demat Services

• Depository Participants

• IPOs

• Mutual Funds

MAJOR COMPETITORS

• Indiabulls

• India Infoline

• Motilal Oswal

• SKS Micro Finance

• Aditya Birla

• Karvy

USP OF IBRL

• Financial advisors for new businesses

• Financial advisors for capital markets

MY KEY LEARNINGS

BUYBACK

1. What is Buyback?• Process by a company to bring their shares back from the shareholders.• Where shareholders sell their shares directly to the company.

2. Why it is done?• To return surplus of cash to shareholders• To support the share prices during temporary weakness• To increase promoters holdings• To prevent from unwelcome takeover bids• To increase EPS

DELISTING

1. What is Delisting?• Process of removing securities of the listed companies from a stock exchange

permanently.• Also known as the Reverse Book Building Process.• After the completion of the process, the securities of that particular company will

no longer be traded on that stock exchange.2. Why it is done?• The Company no longer complies with the Listing Requirements of the Exchange.• The Company becomes a private company.• Trading volumes on the exchange it wishes to delist are not sufficient to justify

the listing fees.• The company (usually the legal entity) is being liquidated.• The company declares a Bankruptcy (for example a company can default on

paying their debt and file for bankruptcy protection).

TAKEOVER

1. What is Takeover?• When an "acquirer" takes over the control of the "target company", it is termed

as Takeover.• When an acquirer acquires "substantial quantity of shares or voting rights" of the

Target Company, it results into substantial acquisition of shares. 2. Why it is done?• To gain opportunities of market growth more quickly than through internal

means.• To seek to gain a more dominant position in a national or global market.• To acquire the skills or strengths of another firm to complement the existing

business.• To acquire a speedy access to revenue streams that it would be difficult to build

through normal internal growth.• To diversify its product or service range to protect itself against downturns in its

core markets.

Thank You…