Description
SYLLABUS
| No. | Modules / Units |
| 1 | Introduction: |
| • Meaning and Definition of Equity Shares.
• Growth of Corporate Sector and the simultaneous • Growth in the number of Equity Shareholders. • Separation of Ownership and Management in Companies. • Development of Equity Culture in India- Current Position. |
|
| 2 | Primary Market: |
| • IPO – Methods followed, Book Building, Offer for Sale.
• Role of Merchant Bankers in fixing the price. • Red – Herring Prospectus: it’s unique Features. • ASBA and its Features. • Green Shoe option – • Sweat Equity, ESOP. • Rights Issue of Shares, Non-voting Shares, ADR, GDR, IDR. |
|
| 3 | Secondary Market: |
| • Definition and Functions of Stock Exchanges.
• Evolution and Growth of Stock Exchanges in India. • NSE, BSE, SME Exchanges and Overseas Stock Exchanges. • Recent Development in Stock Exchanges, Merger of SEBI with FOMC. • Stock Market Indices. |
|
| 4 | Importance of Equity Markets in a Developing Country like India: |
| • Need for attracting more investors towards equity.
• Need for strengthening secondary markets. • Link between Primary Market and Secondary Market. |
