Questions dip

DIP GUIDELINES Fill in the blanksDIP stands for __________________________________________________DIP Guidelines is not applicable in case of ____________ issues of _______________DIP Guidelines is applicable in case of __________ companies and ___________ companies.In case of right issue every issuer has to file a draft _________________ with _____________ at least ________ days before filing ______________ with ____________.SEBI may specify changes or issue observations with in ___________ days of the receipt of draft prospectus or offer documentSEBI may not specify changes or issue observations unless SEBI received of copy of ___________________ from all the ________________ on which the issuer company intends to list its proposed securities.An unlisted public company shall not make an allotment pursuant to a public issue or offer for sale of equity shares or any security convertible into equity shares unless the prospective allottees are_______________________ in number.No ________________ company shall make an IPO of equity shares unless it has obtained grading for the IPO from _____________ credit rating agencyIn case of public issue or rights issue of debt instruments, all the credit ratings obtained during the _____________ years preceding the pubic or rights issue of debt instrument shall be disclosed in the offer document.The aggregate of the proposed issue and all previous issues made in the same financial year in terms of size (i.e., offer through offer document + firm allotment + promoters’ contribution through the offer document), does not exceed ________________ times its pre-issue net worth as per the audited balance sheet of the last financial year.Fast track methodThe shares of the company have been listed on any stock exchange having nationwide terminals for a period of at least _________ immediately preceding the reference date;The “average market capitalisation of public shareholding” of the company is at least _________ for a period of _________ up to the end of the quarter preceding the month in which the proposed issue is approved by the Board of Directors / shareholders of the issuer;The annualized trading turnover of the shares of the company during ________ calendar months immediately preceding the month of the reference date has been at least ___________ of the weighted average number of shares listed during the said six months period;The company has redressed at least ___________of the total shareholder / investor grievances or complaints received till the end of the quarter immediately preceding the month of the reference date;The company has complied with the listing agreement for a period of at least ________________ immediately preceding the reference date;The impact of auditors’ qualifications, if any, on the audited accounts of the company in respect of the financial years for which such accounts are disclosed in the offer document does not exceed ___________ of the net profit/ loss after tax of the company for the respective years.The entire shareholding of the promoter group is held in _________________ as on the reference date.Answer the following questionA company required 1000 crores to establish a petroleum project. Company analyzes all the source of funds and finance and concluded that company will arrange the funds in the following manner:Form banking/financial institutionsHDFC- 100 croresICICI- 100 croresCANARA BANK – 200 croresLoans from promoters and their relatives 200 croresPublic issue 400 croresHDFC and ICICI banks have given the in-principle approval to company that if public issue will be successful then they will pump-in the money.Promoters have already pump-in the loan amount in the company.Can company come out with public issue?In the offer document of a Company (who is coming out with public issue), it is stated that company will be listed on the following stock exchange:NSEBSEDelhi stock exchangeAhmadabad stock exchangeAll the stock exchanges have given the in-principle approval except Ahmadabad stock exchange. Can company come out with public issue?Capital structure of a company is:Authorised capital: Equity capital:1000 croresPreference share capital:1000 croresPaid up capitalEquity capital:Fully paid-up (equity shares of Rs 10 each)200 croresPartly paid-up(equity shares of Rs 10 each; 200 crores(Paid-up Rs 5 per share) Preference shares capital500 croresCompany required funds to establish a new plant. Therefore company wants to make a public issue of Rs 400 crores. Can company do so?True/falseIssuer Companies require the permission of SEBI Board to price the share/securities offered in a public issue.Any company making a public issue of equity shares may issue such shares/securities to applicants in the firm allotment category at a price different than the price at which securities are offered to public.Any company making a public issue of equity shares may issue such securities to retail individual investors and/or retail individual shareholders at a price lower than the price at which net offer is made to other categories of public but such difference shall be more than 10% of the price at which securities are offered to other categories of public.If the issue price is Rs. 500/- or more, the face value shall be Rs. 10/- per shareIssuer Company may issue the shares in the denomination of decimal of a rupee.