Transique Corporate Advisors

Dear Friends, We are pleased to share a updated report prepared by our Transique team on #SMEIPO - #Opportunity & #Trends This reports covers major Trends of SME IPO in India from 2012 till 30 June 2024 Should you require any discussion on SME IPO, feel free to contact us. https://lnkd.in/dnET_eJq Book your 30mins consultation slot now https://lnkd.in/gqyf47tZ  Thanks & Regards, Transique Corporate Advisors Stay tuned for #SMEIPO #m&a #Valuation #transactions related updates. #transique #transiqueinsight #valuation #transaction #smeipo #nseemerge #bsesme #fundraising #IPO #corporatefinance #equityfinance #equityfunding #valuecreation #capitalmarkets #BSE #NSE Chander Sawhney Inder Kalra Deepika Vijay Sawhney

SEBI vide Circular dated October 22, 2024 has notified all registered intermediaries and their agents to not have any direct or indirect association with persons who provide recommendations or advice relating to securities, unless such person is registered with SEBI; or makes any claim/ promise of returns unless authuorized and approved by SEBI to do so. All intermediaries are required to terminate such ongoing contracts with above-mentioned persons within 3 months from the date of this Circular. The circular can be accessed at- https://lnkd.in/gePV2RaP #SEBI #agents #securities #intermediaries #BSE #NSE #Depositories

Transique Corporate Advisors takes immense pleasure in presenting its latest valuation analysis of notable M&A deals for the month of September 2024. We place great importance on providing accurate information and therefore, have meticulously examined these transactions. If you require guidance or support in areas such as transaction valuation, transaction advisory, merger and acquisition, as well as SME IPO, please feel free to reach out to us at info@transique.in or visit our website at www.transiqueadvisors.com Thank you! #transique #transiqueinsight #valuation #mergersandacquisitions #investments #transaction #legaladvice #SMEIPO Chander Sawhney Inder Kalra Deepika Vijay Sawhney

https://lnkd.in/gktEUHER #Value creation or #Valuation ?

Greetings of the day, We are looking for CS Trainees for our legal team. Key Responsibilities: -  -Assistance in drafting and regulatory filings (Sebi & Stock exchanges) -Research and analyse Sebi laws, regulations and case laws -Draft and review legal documents (SHA, SPA, Term sheet etc.)  -Opportunity to work in emerging fields like AIF, Gift City, REITs -Assist in client communication and coordination Skills -analytical skills and problem-solving attitude  -good written and verbal communication -efficient in legal research and MS Office -Capability to do multi-tasking Qualifications -CS Executive (Both Groups) Stipend- As per Industry Norms Company- Transique Corporate Advisors (Corporate Consulting Firm) https://lnkd.in/d87hXNvt Office Location DLF Cyber City, Gurugram Interested Candidates can mail their resume at info@transique.in

The 207th meeting of the SEBI Board was held in Mumbai on 30th September 2024. The key decisions taken at meeting includes enabling faster Rights Issue, providing pro-rata and pari-passu rights to investors of an AIF, amendments in SEBI regulations to promote ease of doing business, reforms in Investment Advisors and Research Analysts regulations amongst others. Amendments approved at the SEBI meeting are summarized in the attached article. For any query, please contact us at info@transique.in or visit www.transiqueadvisors.com Thanks and Regards, Team Transique #transique #transiqueinsight #sebi #regulatory #legaladvisory #consultancy #SEBIBoardMeeting #AIF #InvITs #FPI #LODR #ICDR #StockExchange #AIF #AlternateInvestmentfunds #PrivateEquity Chander Sawhney Deepika Vijay Sawhney Inder Kalra

IPO Trends & Valuation - Mainboard Vs. SME IPO’s We have analysed the IPO data published by #SEBI in its annual and monthly bulletins of FY 23 & FY 24. It has been observed that out of total IPO size, the fresh #funds, #primary #capital raised by companies through IPOs (including both #Mainboard and #SME IPO’s) in FY 22 and FY 23 is only 30% and 46% respectively with larger IPO funds earmarked as secondary capital for #OfferforSale (OFS) at 70% and 54% for FY 23 and FY 24 respectively. While for mainboard IPO’s, the IPO funds has been raised for Fresh Issue and OFS in ratio of 27%:73% and 46%:54% for FY 23 and FY 24 respectively whereas in case of SME IPO’s, this split has been seen at 88%:12% and 95%:5% for FY 23 and FY 24 respectively, which means that in case of SME IPO’s the Fresh Fund raise (Primary Capital) has been seen considerably higher and the OFS portion significantly lower than fresh issue. This reflects that the SMEs are more interested in raising capital for growth of their business. In contrast, mature businesses of mainboard IPOs and exit opportunity for existing investors lead to a higher portion of OFS in mainboard IPO’s. When it comes to #Valuations, there’s been a clear difference between SME and Mainboard IPOs. In 2023, there were 60 Mainboard IPO’s with Median #PEratio of 32x, while there were 179 SME IPOs with Median PE ratio of 15x. Till Year to date 10th Sep, 2024, the Median PE ratio for Mainboard and SME IPO’s has been seen at 31x and 17x respectively. Relatively, lower IPO Valuation of SME IPO’s has resulted in deep interest of #InstitutionalInvestors, now participating as #AnchorInvestors. HDFC Bank Ltd. has lately joined the list of Anchor Investors in 6 such SME IPO’s. Should you require any discussion on SME IPO, feel free to contact us. https://lnkd.in/dnET_eJq Book your 30mins consultation slot now https://lnkd.in/gqyf47tZ  Thanks & Regards, Transique Corporate Advisors Stay tuned for #SMEIPO #M&A #Valuation #transactions related updates. #transique #transiqueinsight #valuation #transaction #smeipo #nseemerge #bsesme #fundraising #IPO #corporatefinance #equityfinance #equityfunding #valuecreation #capitalmarkets #BSE #NSE Chander Sawhney Inder Kalra Deepika Vijay Sawhney

Bajaj Housing Finance finds place in history books after getting bids worth Rs 3.2 lakh crore The Rs 6,560 crore IPO of Bajaj Housing Finance set Multiple records on Wednesday with the issue subscribed 64 times on the final day of bidding, underscoring India’s booming primary markets. The IPO attracted bids amounting nearly Rs 3.23 lakh crore, the highest-ever demand in Indian primary market history. The previous record was help by Coal India, the 15,500 crore public issue of which got bids totalling Rs 2.36 lakh crore in October 2010. The Bajaj Housing IPO set a new record by receiving 8.9 million applications, surpassing the previous record of 7.36 million held by Tata Technologies. Tata Technologies had broken the earlier record of 7.34 million applications set by Life Insurance Corporation of India in November last year. Read more at: https://lnkd.in/gE7mZK6B

MCA vide its notification dated September 9, 2024 has come out to amend the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The Ministry of Corporate Affairs has introduced new rules called Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2024 that is in response to the growing trend of reverse flips. These regulations mandate that when a foreign parent company merges with its fully-owned Indian subsidiary, approval from the Reserve Bank of India (RBI) is now required, in addition to the existing NCLT approvals. This move is clearly intended to increase oversight and scrutiny of reverse flip transactions.  These regulatory changes highlight the government's focus on monitoring international corporate restructuring, particularly in cases where Indian companies become subsidiaries of foreign entities through reverse mergers. The rule shall come into force from the 17th day of September, 2024. The notification can be accessed here: https://lnkd.in/gbaUD8tW #merger #m&A #reversemerger #crossbordermerger #MCA

Transique Corporate Advisors takes immense pleasure in presenting its latest valuation analysis of notable M&A deals for the month of August 2024. We place great importance on providing accurate information and therefore, have meticulously examined these transactions. If you require guidance or support in areas such as transaction valuation, transaction advisory, merger and acquisition, as well as SME IPO, please feel free to reach out to us at info@transique.in or visit our website at www.transiqueadvisors.com Thanks & Regards, Transique Corporate Advisors Stay tuned for #SMEIPO #M&A #Valuation #transactions related updates. #transique #transiqueinsight #valuation #mergersandacquisitions #transaction #legaladvice #SMEIPO Chander Sawhney Inder Kalra Deepika Vijay Sawhney