INVESTMENT BANKING I Unit-I Investment Bankers and Projects Conceptualization of a project Idea Preliminary feasibility study Project report

port preparation Project appraisal Project financing in India. Defining the borrowing parameters choosing the funding options Recourse diversification Co Financing Designing an optimal mix. Unit-II Concept of risk Finance Stages of Venture finance Investment Objectives Investment process Exiting the Investment Economics of venture capital Private equity investments. Origin and trends players in the market the basic loan structure Mechanics of syndication Terms & conditions Regulation of ECBs Unit-III Understanding the clients requirements Evaluating different instruments Impact on Capital structures Recent Innovation Designing customized instruments Pricing of Instruments Implications of Overpricing and under pricing pricing practices in the market. Evolution of the equity markets American depository Receipts( ADRs) Three levels of ADRs Global Depository Receipts (GDRs) Role of managers and other intermediaries Mechanics of issuance Documentation procedure Regulation & continuing disclosures Unit-IV Implications of going public eligibility norms for an IPO Appointment of intermediaries Due diligence exercise Offer document Timing of the issue Reservations in the issue Distribution & Promotional strategy Underwriting of the issue Book building offers Process of allotment listing of securities. Introduction to the bond market Innovative bond issue structures Bond issue procedures Standard Covenants Documentation requirements Listing & Clearing - Credit Rating of Bonds Suggested Readings: The list of books, cases and other specific references, including recent articles will be announced in the class by the concerned teacher.