In the US, during the end of the nineteenth and start of the twentieth century, dog

and pony shows originated as small travelling circus troupes that stopped off at
small towns and rural areas to showcase performances. A "dog and pony show" as a
term used in the modern sense has lost its original meaning altogether. A dog and
pony show, also known as a road show, is usually hosted by investment banks and
firms that have products or securities to sell.

Investment bankers carry out due diligence and file the Draft Red Herring
Prospectus (DRHP) with SEBI. Once SEBI approves the DRHP, and the company is
ready to hit the IPO market, then advertisements start to roll out. The top
management along with the investment bankers, travel to various cities in a span of
five days as part of the road shows. The CEO and the CFO make a pitch as to why
should the audience consider investing in their company. The audience consists of
foreign institutional investors (FIIs), brokers, securities analysts, and portfolio
managers. The idea is to attract potential anchor investors. In a nutshell, the road
show presentation should contain everything an investor should know to invest in
the IPO.

The participants will be tested on the following areas:

 Valuation
 Underwriting
 Pitching
 Institutional investment
THE EVENT DETAILS:-

Round 1
For the past one year, the union government has offloaded equity in many of the PSUs as part of its
disinvestment targets. We witnessed a slew of PSU IPOs and FPOs, with most of them being oversubscribed.

Requirement

The participating teams need to prepare a PowerPoint presentation of no more than 11 slides (including cover
slide).

Submission Guidelines: In the presentation, the participants must:

1. Analyse the disinvestment scenario and whether the government has been able to meet its
targets or not.
2. Select a company among the following:
 SJVN LIMITED
 COAL INDIA LIMITED
 MOIL LIMITED
 PUNJAB & SIND BANK

3. Explore the reasons for oversubscription/undersubscription in terms of:

 discounts for retail investors
 price bands
 fundamentals
 role of anchor investors

Short listing

Five teams will be shortlisted for the final round, which will be held in SIMSR campus on 12th of February 2011.
The presentations will be evaluated on the breadth and depth of analysis.

Round 2
A case study will be emailed to the participants shortlisted for round 2. The participants are expected
to evaluate the company given in the case study from the point of view of an investment banker
pitching the IPO to potential anchor investors.

Requirement

The shortlisted teams must prepare a pitch book having no more than 13 slides (including 1 cover
slide) based on the case study.

Contents of Pitch Book

  Overview of the industry
 Overview of the business model of the company
 Capital structure
 Basis for investing
 Use of proceeds
 Risk factors
 Past performance, key financials
 Valuation and price band
 Credentials of the investment bankers

Evaluation

The shortlisted teams will have to give a presentation of 12 minutes followed by a 3 minute questionnaire
round. The presentations will be evaluated on the breadth and depth of analysis, professionalism and aesthetic
appeal of the presentation.

IMPORTANT DATES

31st January: 1st round entry closes at 11:59 PM.

2nd February: Announcement of 1st round results and commencement of 2nd round.

4th February: Last Day for shortlisted team to confirm their participation.

8th February: 2nd round entry closes at 11:59 PM.

PRIZE

1st Prize: worth Rs. 15,000/-

2nd Prize: worth Rs. 10,000/-

REGISTRATION DETAILS:

To register send a mail to dogandponyshow@simsr-melange.com

RULES & REGULATIONS

1. Number of members in each team should not be more than 2.

2. An individual can only be part of one team.
3. Both the team members should be from the same college.
4. The event is open only for students from management colleges.
5. Multiple entries for the 1st round will lead to disqualification of the team. If a team wishes to resubmit
their entry (presentation) then they can do so (only one resubmits allowed) by sending a mail before
the deadline (with the subject line as RESUBMIT_TEAM NAME).
6. All attachments should be named as “<TEAM NAME>_<COLLEGE NAME>.”
7. Team name, institute name, members name, email id and contact details should be present only in the
cover slide.
8. Waitlisted team will be given the opportunity if any of the shortlisted teams fail to confirm their
participation by 4th February 11:59 PM.
9. In all rounds the decision of the judges will be final and binding.

FAQ’s

Q1) What should be the content of the capital structure?

A) Participants need to analyze and justify the pre and post issue capital structure of the
company.

Q2) What do you mean by “Basis for investing”?

A) Participants need to cite reasons for investing in the company. They need to explain the
rationale behind there investing decision.

Q3) What should be the content of “Use of proceeds”?

A) Participants have to explain what the company plans to do with the capital raised.

CONTACT DETAILS

For any queries, please contact the following persons:

Name Email id Phone Number

Arjun kanarjun@gmail.com +91 9920189269
Vaibhav agrwal.vaibhav@gmail.com +91 9769520435

Email id: dogandponyshow@simsr-melange.com