Leonel (Service) (84 Points)
03 June 2008Hi All
Kindly quote with any justification what is the pricing formula of the shares in case an unlisted company is issuing preference share / making preferential allotment?
Abhishek Agarwal
(EXCEL EXPERT)
(92 Points)
Replied 03 June 2008
Leonel
(Service)
(84 Points)
Replied 03 June 2008
Abhishek
Though CCI Guidelines have now been abolished , Is it feasible to still refer CCI guidelines.
Abhishek Agarwal
(EXCEL EXPERT)
(92 Points)
Replied 05 June 2008
i AM SAYING , IT IS ONE OF THE METHODS. This is a problem in valuation of private ltd companies. we inour companies are getting it valued through Professional CA firms.
But the method will be book value or DCF (Discounted Cash flow method ) or if a peer company is listed , then its PE & EPS multiple.
Ankit kansal
(Professional)
(43 Points)
Replied 05 June 2008
dear friends,
Plese read the guidence issued by SEBI on the pricing formula.
Regards,
Ankit Kansal
Mohit Sureka
(CS, final CA)
(213 Points)
Replied 09 June 2008
U can also refer Sujal Shah's paper on Valuation - Using PECV, NAV n DCF methods....
CA NP Mathi Lingan
(Practising Chartered Accountant)
(98 Points)
Replied 10 June 2008
Dear Leonel,
Comply with the provisions of Sec 81 regarding special resolution or Central Govt's approval as the case may be.
The shareholders while passing the special resolution may decide upon the price.
Normally only If the shares are issued to some outside parties based on some subscripttion agreement as a means of raising funds the Co's adopt some valuation methodology mutually agreed to between the parties.
CA NP Mathi Lingan
(Practising Chartered Accountant)
(98 Points)
Replied 10 June 2008
Also refer "Unlisted Public Companies (Preferential Allotment) Rules, 2003"
Preety
(Company Secretary)
(96 Points)
Replied 03 May 2010
Hello Friends,
My Co. is listed in DSE.We are plannig to do Prefential Allotment .Can anyone pl tell the detailed procedure for the same . Also pl tell me , is there any time gap required for bringing IPO after making prefential Allotment or Co. can anytime after Prefential Allotment come up with IPO.
Thanks in advance
Regards
Preety
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