An issuer making a public issue or a rights issue of specifiedsecurities shall makedisclosures specified in this Schedule.
Offer Document summary:
1.Offer Document summary includes
2.Primary business of the Issuer and the industry in which it operates, in not more than 100 words each
3.Names of the promoters
4.Objects of the issue in a tabular format
5.Size of the issue disclosing separately size of the fresh issue and offer for sale
6.Aggregate pre-issue shareholding of the promoter and promoter group, selling shareholder(s) as a percentage of the paid-up share capital of the issuer
7.Following details as per the restated consolidated financial statements for the past 3 years and stub period in tabular format
- Share capital
- Net Worth
- Profit after tax
- Earnings per share
- Net Asset Value per equity share
- Total borrowings (as per balance sheet)
8.Auditor qualifications which have not been given effect to in the restated financial statements
9.Summary table of outstanding litigations and a cross-reference to the section titled ‘Outstanding Litigations and Material Development’
10.Cross-reference to the section titled ‘Risk Factors
11.Summary table of contingent liabilities and a cross-reference to contingent liabilities of the issuer as disclosed in restated financial statements
12.Summary of related party transactions for last 3 years and cross-reference to related party transactions as disclosed in restated financial statements.
13.Details of all financing arrangements whereby the promoters, members of the promoter group, the directors of the company which is a promoter of the issuer, the directors of the issuer and their relatives have financed the purchase by any other person of securities of the issuer other than in the normal course of the business of the financing entity during the period of six months immediately preceding the date of the draft offer document/offer document
14.Weighted average price at which specified security was acquired by each of the promoters and selling shareholders in the last one year
15.Average cost of acquisition of shares for promoter and selling shareholders.
16.Size of the pre-IPO placement and allottees, upon completion of the placement
17.Any issuances of equity shares made in the last one year for consideration other than cash
18.Any split/consolidation of equity shares in the last one year.
(i) Date of opening of the issue.
(ii) Date of closing of the issue.
(iii) Date of earliest closing of the issue, if any.
(i) Anchor bid period, if any
(ii) Date of opening of the issue
(iii) Date of closing of the issue
(iv) Date of earliest closing of the issue, if any
No Prominent Notes exists
1.The summary of the industry and business of the issuer. The summary shall not be one-sided to disclose the highlights of the issuer or issue.
2.Issue details in brief.
3.Summary consolidated financial, operating and other data.
(A) Issue details in brief.
(B) Summary of consolidated financial information.
No criteria for “
Names of the shareholders of the issuer holding 1% or more of the paid-up capital of the issuer as on the date of filing of the draft offer document/ or end of last week from the date of draft letter of offer and the offer document, as the case may be”
Details of Top Ten Shareholders
SEBI(ICDR), 2018 includes:
“Names of the shareholders of the issuer holding 1% or more of the paid-up capital of the issuer as on the date of filing of the draft offer document/ or end of last week from the date of draft letter of offer and the offer document, as the case may be”
Newly inserted :
“Particulars specified in items (i) and (ii) as on a date one year prior to the date of filing of the draft offer document/ draft letter of offer and the offer document, as the case may be.”
Removed “Details of Top Ten Shareholders”
Objects of the issue
No repayment of Loan regulations
If one of the objects of the issue is loan repayment :
(a) details of loan proposed to be repaid such as the name of the lender, brief terms and conditions and amount outstanding;
(b) certificate from the statutory auditor certifying the utilization of loan for the purposed availed.
Basis For Issue Price
Capacity and Capacity Utilisation
It is a part of business strategy
In this Capacity and Capacity Utilisation is shown as separately from its business strategy and also disclosed.
Capacity utilization for such products in the previous three years.
No policy is mentioned
Dividend policy and mode of payment of dividend, details of dividend paid in the last three financial years and the stub period, as applicable, and the period between last audited period and the date of the filing the draft offer document/draft letter of offer/ offer document.
Requirements in case Indian Accounting Standards (Ind AS) is applicable in the latest period presented in Restated Financial Information
No Ind As is mentioned
It is divided in two parts
Restated Financial Information
Other Financial Information
Earnings per share (Basic and Diluted)
Return on net worth
Net Asset Value per share
Consolidated Financial Statements
CFS is prepared for a period of 5 years.
CFS is prepared for a period of 3 Years.
Note: This is my views and it is just gist of the major changes in the SEBI (ICDR) Regulations, 2018.
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