ICRA

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This is the analyses of the credit rating agency in india - ICRA

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  • Give the full form of icra if any.Remove the full stopsGive full form of NSIC
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  • ICRA

    1. 1. TOPIC:- 1
    2. 2. TABLE OF CONTENTSTopic Slide No.Company Profile 03Alliance with Moody’s Investors Service. 04Subsidiaries. 05Board of Directors. 06-07IPO Process. 08Book Running Lead Managers. 9-11IPO Grading. 11Issue Details. 12Offer Allotment. 13Promoter’s Shareholding Pattern. 14Balance Sheet. 15Key Competitors. 16Market Capitalization With Peers. 17-18 2
    3. 3. COMPANY PROFILE• ICRA was set up in 1991 by financial investment/institutionsand banks• As an early entrant in the Credit Rating business, ICRALimited (ICRA) is one of the most experienced Credit RatingAgencies in the country today• NSIC service is aimed at enabling Small and MediumEnterprises (SMEs)• ICRA was listed on NSE AND BSE on 13th APRIL 2007 3
    4. 4. ALLIANCE WITH MOODY’S INVESTORS SERVICE The international Credit Rating Agency Moody’s InvestorsService(INDIA) is ICRA’s largest shareholder Moody’s provide certain high-value technical services to ICRA Moody’s conduct regular training and business seminars forICRA analysts The agreement provides Moody’s advising ICRA on Rating-products strategy and the Ratings business in general 4
    5. 5. SUBSIDIARIES ICRA RATING CONSULTING SERVICES SERVICES ICRA ICRA LANKS IMAC’S ICTEASINDONESIA LIMITED 5
    6. 6. BOARD OF DIRECTORSMr. Dhruba Narayan Ghosh Mr. Pranab Kumar ChoudhuryNon-ExecutiveChairman and Vice-Chairman of ICRAIndependent Director and CEO of the ICRAof ICRA Group 6
    7. 7. OTHER MEMBERS ON THE BOARD NAME DESIGNATIONMR. NARESH TAKKAR THE MANAGING DIRECTOR & CEO OF ICRADR. UDDESH KOHLI INDEPENDENT DIRECTOR OF ICRAPROF.DEEPAK NAYYAR INDEPENDENT DIRECTOR OF ICRAMR. P. G. MANKAD INDEPENDENT DIRECTOR OF ICRAMR. AMAL GANGULI INDEPENDENT DIRECTOR OF ICRAMS. JENNIFER ANN ELLIOTT NON-INDEPENDENT DIRECTOR OF ICRAMR. FREDERIC WALTER JACQUES DREVON NON-INDEPENDENT DIRECTOR OF ICRA 7
    8. 8. IPO PROCESS OBJECTIVES OF THE IPO1. The objects of the Offer are to achieve the benefits of listing on the Stock Exchanges2. Carry out the sale of up to 2,581,100 Equity Shares3. Listing will provide the company a public market for Equity Shares in India 8
    9. 9. BOOK RUNNING LEAD MANAGERSSBI Capital Markets Limited Kotak Mahindra Capital Company Limited202, Maker Tower ‘E’ Bakhtawar, 3rd FloorCuffe Parade, 229, Nariman PointMumbai 400 005, India Mumbai 400 021, IndiaTel: +91 22 2218 9166 Tel: + 91 22 6634 1100Fax: +91 22 2218 8332 Fax: + 91 22 2284 0492Website: www.sbicaps.com Website: www.kotak.com 9
    10. 10. REGISTRAR TO THE OFFER Intime Spectrum Registry Limited C-13, Pannalal Silk Mills Compound, L.B.S Marg, Bhandup (W). Mumbai 400 078 Tel: +91 22 2596 0320-28 Fax: +91 22 2596 0329 Website:www.intimespectrum.com ESCROW COLLECTION BANKSICICI Bank Limited. Standard Chartered BankCapital Markets Division 270 D. N. Road Fort, Mumbai 400 001, India30, Mumbai Samachar Marg Tel: + 91 22 2268 3831 / 2209 2213Mumbai 400 001, India Fax: + 91 22 2209 6067Tel: + 91 22 2262 7600 Website: www.standardchartered.co.inFax: + 91 22 2261 1138 10Website:www.icicibank.com
    11. 11. HDFC Bank Limited.State Bank of IndiaNew Issues & Securities Services Division BTI Ops Dept New Issues & SecuritiesMumbai Main Branch Services DivisionMumbai Samachar Marg OLD Bldg., 3rd Floor, Mumbai Main BranchP.B. No. 13, Fort 26 – A Narayan Properties, MumbaiIndia Mumbai 400 023, India Samachar MargTel: + 91 22 2265 1579/ 2266 2133/ 2265 1363 Off Saki Vihar Road, ChandivaliWebsite: www.sbi.co.in/ and Andheri –E Mumbai 400 072, Indiawww.statebankofindia.com Tel: + 91 22 2856 9228 IPO GRADING The Company Had not opted for IPO grading of the Offer.
    12. 12. ISSUE DETAILSISSUE TYPE 100% Book Built Issue IPOISSUE SIZE PUBLIC OFFER OF 2,581,100 EQUITY SHARES OF Rs. 10 EACHPRICE BAND Rs. 275 TO Rs. 330 PER EQUITY SHAREFACE VALUE Rs. 10ISSUE OPENIG DATE TUESDAY, MARCH 20, 2007ISSUE CLOSING DATE FRIDAY, MARCH 23, 2007LISTING AT NSE,BSEDATE OF LISTING ON NSE 13TH APRIL 2007& BSE 12
    13. 13. THE OFFER ALLOTMENTTHE PUBLIC OFFER WAS OF 2,851,550 EQUITY SHARES QUALIFIED INSTITUTIONAL 1,290,550 BUYERS (QIB’S) NON-INSTITUTIONAL 387,156 PORTION RETAIL INVESTORS 903,385 TOTAL 2,851,550 13
    14. 14. PROMOTER’S SHAREHOLDING PATTERNPROMOTERS NO. OF SHARES HOLDING NO. OF SHARES HOLDING PRE OFFER POST OFFERMoody’s 2,562,000 2,850,900Company India PrivateLimitedIFCI (Industrial finance 1,860,600 -corporation of India)State Bank of India (SBI) 1,020,400 999,000Life Insurance Corporation 765,300 765,300Of India (LIC)Punjab National Bank 525,000 525,000Allahabad Bank 171,500 171,500Indian Bank 102,500 102,500Canara Bank 87,500 87,500Oriental Bank of 35,000 35,000CommerceOther Public Shareholders - 2,581,100 14
    15. 15. BALANCE SHEET OF FIVE YEARS. MARCH MARCH MARCH MARCH MARCH 12 11 10 09 08NET 282.92 242.34 209.60 179.41 157.30WORTHTOTAL 282.92 242.34 209.60 179.41 157.30LIABILITIESNET BLOCK 16.01 16.89 17.68 17.68 18.44TOTAL 282.92 242.34 209.60 179.41 157.30ASSETS 15
    16. 16. KEY COMPETITIORS 1. CRISIL 2. CARE3. FITCH RATINGS 16
    17. 17. MARKET CAPITALIZATION WITH PEERS MARKET CAPITALIZATION ICRA FITCH 11% RATINGS 11% CARE CRISIL 19% 59% AS PER FY12 17
    18. 18. MARKET CAPITALIZATION (CONTD)FIGURES IN (RS.CRORES) COMPANY NAME MARKET CAPITALIZATION CRISIL 6,431.99 CARE 2000 FITCH RATINGS INDIA PRIVATE 1195.30 LIMITED ICRA 1190.45 TOTAL 10817.74 18
    19. 19. THANK YOU 19

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