Private Equity and Capital Market Financing

Programme Overview
Private Equity is an important source of both strategic and growth capital for Indian companies. From the start-up phase to a listed company, private equity finds application in every phase of growth. The vibrancy of the capital market provides the necessary impetus to a thriving private equity sector and multiple financing opportunities for growth-oriented companies.

This programme is designed to address the learning requirements of professionals, academics and students engaged in or interested in learning the nuances of private equity and capital market financing activity. It provides expert conceptual and practical insights on the entire gamut of private equity from both buy and sell strategies. Topics in private equity include Start-up VC financing, private equity valuations and deal structures, DDR, term sheets and regulatory aspects. Extensive discussions on PE strategy, documentation aspects and post-investment aspects are included.

Capital market financing topics shall include various forms of capital market fund raising comprising IPO, FPO, Rights, Preferential allotments and PIPEs/QIPs for listed companies. Discussions cover aspects such as strategic aspects of listing decision, planning and preparing the IPO blueprint, issue pricing and structure, facing due diligence, hiring intermediaries, the issue process, ICDR regulations, Offer Documents and important aspects of disclosures and representations.

Programme Contents

• Private equity spectrum, pre-fund raising process: preparing for fund raising and mandating the investment bank
• Fund-raising process – information memorandum, due diligence, term sheet negotiation, definitive agreements and closing.
• Valuation approaches for early-stage private equity (Venture Capital) and later stage private equity
• Fund perspective, role play, board level engagement and managing exit requirements.
• Specific coverage of the start-up phenomenon
• Legal aspects of shareholders’ agreement and share subscription agreement.
• Going public – The listing decision – strategic and financial aspects, planning and preparing the IPO blueprint, facing diligence review, IPO process, regulatory framework, important compliances and certifications.
• Rights issues, FPOs, QIPs, PIPEs and preferential private placements – strategic considerations, SEBI regulations, Company Law requirements, pricing requirements and process overview.
• Case studies and group work.

Who should attend

• Corporate executives dealing with corporate fund-raising function in middle and senior management.
• Consulting firms, investment banks, commercial banks, financial services firms and NBFCst dealing with project finance playing either an advisory or a financing role.
• Practising chartered accountants, company secretaries and cost accountants dealing with VC/PE investments or capital market advisory and certifications.
• Entrepreneurs, corporate directors, academics, newly qualified finance professionals and students pursuing research or professional finance courses who are seeking advanced learnings and expert insights in private equity and capital market issuances.

Top-notch faculty, contemporary content, a great learning environment, and application orientation make the IIMB Exec Ed programmes world-class.