Merchant Banking

PUBLIC ISSUES /RIGHT ISSUES

On receipt of the enquiry /assignment, first we evaluate the project and conduct the exercise of Due diligences to ensure that the activities of the company are in compliance with all the relevant guideline, rules and regulations as may be applicable.
Our team prepares offer documents with due care so as to ensure that all the disclosures has been made and are in the conformity with the relevant provisions of Companies Act Sebi Guideline and other Laws as may be applicable.

We offer the following services during management of Public /Rights issues

- Assisting in finalization of Capital Structure
- Preparation of offer document.
- Obtaining the necessary Statuary and other approvals in connection with the issue
- Preparation of detailed marketing plan.
- Finalization of advertising campaign.
- Tying up underwriting and placement through book-building process.
- Organizing various press and brokers conference and road shows
- Coordination with various intermediaries like Registrars, Bankers, Printers, Brokers, Auditors, Legal Advisors,  Advertisers for the successful completion of the issues.
- Completion of the post issue formalities, which include assistance in listing and trading of securities.


ACQUISTION / TAKEOVERS, BUYBACKS AND DELISTINGS

Acquisition / Takeovers:

Acquisition of Shares of the listed company starts the process of the Open Offer to the existing shareholders at the specified price under SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 1997 and subsequent amendments thereof (Regulations). The purpose of acquiring the shares /voting rights of the company is to gain the management control of the Company .The Acquisition / Takeovers leads to Horizontal Diversification, Elimination of Competition, Backward and forward Integration.

We offer the following services as a manager to the Open offer:

- Assisting and finalization of Share Purchase Agreement for acquisition of shares from the Promoters of the company
- Drafting the Public Announcement and the Letter of Offer with the help of available documents/information.


BUYBACK:

Buyback is a tool in the hands of the management of cash rich companies for:

- Enhancing the intrinsic worth of shares by cutting the flab of floating stock.
- Making the company closely held and getting the same delisted.
- Defence against hostile takeover attempts.
- The procedure for the buyback involves compliance of the provisions of Company Law and SEBI Regulations.

The Due Diligence Exercise is carried out in accordance with the relevant SEBI Rules/Regulations/ Guidelines.

DELISTING: Delisting is an exit route available under SEBI (Delisting of Securities) Guidelines, 2003, to the company whose shares are listed on any of the Stock Exchange(s)

The Due Diligence Exercise is carried out in accordance with the relevant SEBI Rules/Regulations/ Guidelines.

DEBT SYNDICATION /EQUITY PLACEMENT:

To meet the immediate requirements of funds for the business loan Syndication is the suitable in uncertain market scenario.

Raising the capital through the private placement of the company’s securities is an effective and timely alternative to public offering. A company can consider such financing at an early stage of its development or as an interim financing until a public offering can be completed. We represent the client to the private placement of debt and equity with intuitional and high net worth investors. We provide end-to-end fund raising solution, from structuring to the placement of the equity instruments.

Syndication of the long-term loan (rupees loan), working capital loans, non-fund based limits etc. Syndication of equity fund by way of strategic investment, private placement including with private equity funds, preferential allotment, Qualified Institutional Placements (QIP), etc.

PROJECT APPRAISALS:

Appraisals of the projects including new projects, expansion and modernization of the existing, which aids the company to take the decision for investment.

We also offer significant support to the corporate clients who are looking for the financial assistance from commercial banks, and lending financial institutions, by determining the techno-economic feasibility/ functional viability of the projects and preparation of detailed project appraisal report to enable them in decision-making & fund raising.

CORPORATE RESTRUCTURING /ADVISORY SERVICES:

At Ashika our strength lies in providing client specific Advisory Services. We at Ashika through our capable and committed professionals provide innovative services.

The uniqueness of our services lies in its ability to understand the objective of the clients as well as to meet the needs of promoters.

PARTNERING IN JV / ALLIANCES

With liberalization of Indian Economy, the industry has realized the importance of size and resources. In order to survive in this competitive world it is essential to grow and even keep growing. A Joint Venture will enable the company to access the new technologies and to overcome Geographical barriers.

We leverage on our knowledge and experience of industry segments and market to assist our clients in evaluating various potential opportunities. We assist our clients in identifying and finalising of the deals.