NVESTMENT BANKING

Half Title
Title Page
Copyright
Dedication
Foreword
Preface
Architecture of the Book
Contents
PART I INTRODUCTION TO CAPITAL MARKET, INVESTMENT BANKING AND PRIMARY MARKETS
	Chapter 1 Overview of Indian Capital Market
		1.1 Introduction
		1.2 Financial Markets
		1.3 Historical Evolution of Capital Markets
		1.4 Evolution of the Indian Capital Market
		1.5 Capital Market Constituents
		1.6 Capital Market Segments
		1.7 Premier Stock Exchanges
		1.8 Statutory Framework
		1.9 Regulatory Authorities
		1.10 Capital Market Intermediaries, Infrastructure and Service Providers
		1.11 Important Developments in the Indian Capital Market
		1.12 Road Head
		Self-test Questions
	Chapter 2 Introduction to Investment Banking
		2.1 Introduction
		2.2 Investment Banking and Merchant Banking Distinguished
		2.3 Evolution of American Investment Banks
		2.4 European Investment Banks
		2.5 Global Industry Structure
		2.6 Business Portfolio of Investment Banks
		2.7 The Indian Scenario
		2.8 Characteristics and Structure of Indian Investment Banking Industry
		2.9 Service Portfolio of Indian Investment Banks
		2.10 Inter-dependence between Different Verticals in Investment Banking
		2.11 Regulatory Framework for Investment Banking
		2.12 Regulatory Framework for Merchant Banking
		2.13 Anatomy of Some Leading Indian Investment Banks
		2.14 Recent Trends in Investment Banking
		2.15 The Conflict of Interest Issue
		2.16 Conclusion
		Self-test Questions
		Annexure I
		Annexure II
	Chapter 3 Primary Equity Market
		3.1 Primary Equity Market
		3.2 Fundamental Concepts on Equity
		3.3 Overview of Valuation Methodologies for Equity Shares
		3.4 Equity Issues in Primary Market
		3.5 Primary Market Equity Issuers
		3.6 Primary Market Equity Investors
		3.7 Primary Market Intermediaries and Support Service Providers
		3.8 Growth and Performance of the Primary Equity Market
		3.9 Future Directions in the Primary Equity Market
		Self-test Questions
	Chapter 4 Primary Debt Market
		4.1 Primary Debt Market
		4.2 Fundamental Concepts on Debt Securities
		4.3 Types of Debt Instruments
		4.4 Recent Trends in Primary Debt Market
		Self-test Questions
PART II MANAGEMENT OF PUBLIC OFFERS AND PRIVATE PLACEMENTS
	Chapter 5 Initial Public Offers
		5.1 The IPO Market
		5.2 Significance of an IPO
		5.3 The IPO Decision
		5.4 Important Aspects of an IPO
		5.5 Important Regulatory Provisions for an IPO
		5.6 Contents of a Prospectus/offer Document for an IPO
		5.7 Methodologies for Making Issues
		5.8 Issues by Financial Institutions
		5.9 Procedural Aspects of an Issue
		5.10 Role of Merchant Banker in Issue Management
		Self-test Questions
		Annexure I
		Annexure II
		AnnexureIII
	Chapter 6 Rights Issues and Secondary Public Offers
		6.1 Considerations for Listed Companies
		6.2 Rights Issue
		6.3 Secondary Public Offer
		6.4 Composite Issue
		6.5 Role of Investment Banker in Listed Companies
		Self-test Questions
	Chapter 7 Public Offers of Debt Securities
		7.1 Rationale for Public Offer of Debt Instruments
		7.2 Pre-requisites for Issue of Debt Instruments
		7.3 Additional Statutory Requirements for Debt Offers
		7.4 Process Flow for a Public Offer of Debt Securities
		7.5 Floatation of Institutional Bond Issues
		7.6 Rights and Bonus Issues of Debt Instruments
		7.7 Key Aspects for Merchant Bankers in Debt Issues
		Self-test Questions
	Chapter 8 Overseas Capital Market Issues
		8.1 Introduction to International Financial and Capital Markets
		8.2 The International Bond Market
		8.3 The Depository Receipt Mechanism for Equity Offers
		8.4 Indian Regulatory Regime for Global Market Floats
		8.5 Overview of Regulatory Requirements in USA
		8.6 Overview of Process Flow for an International Offering
		8.7 Case Studies
		Self-test Questions
		Annexure I
		Annexure II
	Chapter 9 Exit Offers
		9.1 Introduction to Exit Offers
		9.2 De-listing Offer
		9.3 Equity Repurchase or Share Buy-back
		9.4 Buy-back by Unlisted Public and Private Companies
		9.5 Buy-back by Listed Companies
		9.6 Open Offers Under the Takeover Code
		9.7 Strategic Issues in Exit Offers
		9.8 Cases on Share Buy-back
		Self-test Questions
	Chapter 10 Private Placements of Equity
		10.1 Overview of Private Issues of Equity
		10.2 Venture Capital Finance
		10.3 Raising Venture Capital
		10.4 Raising Private Equity
		10.5 Private Placements to Non-institutional Investors
		10.6 Regulatory Framework for Raising Equity Privately
		10.7 Process of a Deal
		10.8 Recent Trends in Institutional Equity Deals
		Self-test Questions
		Annexure I
		Annexure II
		AnnexureIII
	Chapter 11 Private Placement of Debt Securities
		11.1 Overview of Privately Placed Debt Market
		11.2 Deal Process and Role of the Investment Banker
		11.3 Case Study on Private Placement
		11.4 Need for Regulatory Intervention and Recent Developments
		11.5 Future Directions
		Self-test Questions
PART III CORPORATE ADVISORY SERVICES
	Chapter 12 Business Advisory Services
		12.1 Overview of Corporate Advisory Services
		12.2 Business Advisory Services
		12.3 Corporate Structuring
		12.4 Joint Ventures
		12.5 Foreign Collaborations
		12.6 Foreign Investments in Indian Businesses
		Self-test Questions
		Annexure I
		Annexure II
	Chapter 13 Project Advisory Services
		13.1 Introduction to Project Finance
		13.2 The Project Financing Process
		13.3 Project Advisory and Transaction Services Provided by Investment Banks
		13.4 Financial Closures—Key Issues for Fund Raising
		Self-test Questions
		Annexure I
		Annexure II
		Annexure III
		Annexure IV
	Chapter 14 Financial Restructuring Advisory
		14.1 Introduction
		14.2 Debt Restructuring
		14.3 Components of Debt Restructuring
		14.4 Investment Banking Services in Debt Restructuring
		14.5 Recent Cases in Debt Restructuring
		14.6 Introduction to Equity Restructuring
		14.7 Concept of Capital Reduction
		14.8 Methods of Equity Restructuring
		14.9 Rationale for Equity Restructuring
		14.10 Cases in Equity Restructuring
		14.11 Regulatory Mechanisms for Equity Restructuring
		14.12 Role of Investment Banker in Equity Restructuring
		Self-test Questions
		Annexure I
		Annexure II
	Chapter 15 Mergers and Acquisitions Advisory
		15.1 Overview of Corporate Re-organizations
		15.2 Introduction to Corporate Restructuring
		15.3 Restructuring through Split-up of an Existing Company
		15.4 Corporate Re-organization through Integration of Companies
		15.5 Mergers and Amalgamations
		15.6 Process Flow for Restructuring and Mergers
		15.7 Acquisitions and Takeovers
		15.8 Role of Investment Banker in Corporate Re-organizations
		15.9 Conclusion
		Self-test Questions
		Annexure I
		Annexure II
		Annexure III
		Annexure IV
	Chapter 16 Government Advisory
		16.1 Introduction
		16.2 Service Areas and Role of the Financial Advisor
		16.3 Introduction to Disinvestment
		16.4 Disinvestment Methodologies
		16.5 Valuation Approaches in Disinvestment
		16.6 Contemporary Concerns in Disinvestment
		16.7 Contractual Issues and Documentation in Strategic Disinvestments
		16.8 Disinvestment in State PSEs
		16.9 International Experience in Disinvestment
		16.10 Process Flow and Role of Investment Banker in Disinvestments
		16.11 Role of Investment Banker in Bid Advisory
		16.12 Case Studies in Disinvestment
		16.13 Conclusion
		Self-test Questions
		Annexure I
		Annexure II
PART IV Appendix
	Appendix 1
	Appendix 2
	Appendix 3
	Appendix 4
	Appendix 5
	Appendix 6
	Appendix 7
	Appendix 8
	Appendix 9
List of terms/acronyms used in this book
Subject Index