Question
Which of the following bankers is one of the lead
bankers for the transaction involved in the initial public offer (IPO) of the Indian Renewable Energy Development Agency (IREDA)?ÂSolution
The government has appointed IDBI Capital, BOB Capital, and SBI Capital to manage the initial public offer (IPO) of the Indian Renewable Energy Development Agency (IREDA). IDBI Capital is the lead banker for the transaction Separately, Saraf and Partners have been appointed as the legal adviser for the IPO. The IPO, which is expected in FY24, will likely consist of a 10% stake sale by the government and 15% fresh equity issuance by the renewable energy project financier to fund its business growth.
The cost of equity (Ke) using the Gordon Growth Model is calculated as:
A prerequisite for establishment of an effective risk management system is the existence of a robust _____
According to the provisions of the Companies Act for issuing a red herring prospectus, which of the following statements is correct?
A company proposes to introduce a new product in the market. The company wants to maintain the P/V Ratio at 35%. If the variable cost of the product is ...
Which of the following is NOT a type of pension fund?
1) Defined benefit plan
2) Defined contribution plan
3) State-sponsore...
__________ refers to the attitude that includes a questioning mind and a critical assessment of audit evidence.
What is the primary purpose of the Reserve Bank of India (RBI) setting the repo rate?
The bank bought a 5 year G-Sec with YTM of 7.6% and plans to sell them in 2 weeks. The bond could not be sold within 2 weeks due to over sight and as a ...
A person to whom financial debt has been legally assigned or transferred to, shall be termed in the Insolvency and Bankruptcy Code (IBC) in India as?
What action should lenders take when a stressed loan is transferred to an ARC at a price below the Net Book Value (NBV)?