Synopsis Sample

22
A SYNOPSIS ON “Capital Venture’ Submitted in the partial fulfillment of the requirement For the award of degree of MASTER OF BUSINESS ADMINISTRATION (MBA) To AMITY UNIVERSITY HARYANA SUBMITTED TO : - SUBMITTED BY :- Vikas Singh Sikarwar MR P.K.SHARMA SIR MBA(GEN)- 4 th Sem

description

synopsis

Transcript of Synopsis Sample

ASYNOPSIS

ON

Capital Venture

Submitted in the partial fulfillment of the requirementFor the award of degree of

MASTER OF BUSINESS ADMINISTRATION (MBA)

To

AMITY UNIVERSITY HARYANA SUBMITTED TO: -

SUBMITTED BY:-

Vikas Singh Sikarwar MR P.K.SHARMA SIR MBA(GEN)- 4th Sem

AMITY BUSINESS SCHOOL,

(2014-15)

PERFORMA FOR APPROVAL OF PROJECT PROPOSAL

Name of the Student

: VIKAS SINGH SIKARWAR

Class Roll No.

:A50001913014Institutes Name

: Amity Business School

Title of the project : CAPITAL VENTURESubject Area

: FINANCEName and Designation of : MR P.K.SHARMA SIR

the Supervisor

Signature of the Supervisor

Signature of the Student

Signature of the Director

Date:-

SYNOPSIS APPROVED NOT APPROVED

Comments/Suggestion for reformulating the project:-

Authorised Signatory

Date:

TABLE OF CONTENTS

Page No.

Introduction

Significance of the study

Conceptualization

Focus of the problem

Objectives of the study

Review of existing literature

Research Methodology

Organization of the study

Limitations of the study

Bibliography

INTRODUCTIONVenture capital(VC) isfinancial capitalprovided to early-stage, high-potential,growthstartup companies. The venture capitalfund earns money by owningequityin the companies it invests in, which usually have a novel technology orbusiness modelin high technology industries, such asbiotechnologyandIT. The typical venture capital investment occurs after theseed fundinground as the first round of institutional capital to fund growth (also referred to asSeries A round) in the interest of generating a return through an eventual realization event, such as anIPOortrade saleof the company. Venture capital is a type ofprivate equity.OBJECTIVETO UNDERSTAND ROLE OF CAPITAL VENTURE IN COUNTRIES ECONOMIC GROWTH

TO MATCH THE PERFORMANCE OF THE IDFI AND IFCI

TO EVALAUTE THE FINANCIAL STABILITY OF BOTH THE COMPANIES

IFCI

BALANCE SHEET

Balance Sheet of IFCI------------------- in Rs. Cr. -------------------

Mar '14Mar '13Mar '12Mar '11Mar '10

12 mths12 mths12 mths12 mths12 mths

Sources Of Funds

Total Share Capital1,924.961,925.881,001.681,001.681,001.68

Equity Share Capital1,661.121,662.04737.84737.84737.84

Share Application Money0.000.000.000.000.00

Preference Share Capital263.84263.84263.84263.84263.84

Reserves5,055.644,757.313,575.793,023.722,413.80

Networth6,980.606,683.194,577.474,025.403,415.48

Secured Loans310.0017,915.250.000.000.00

Unsecured Loans17,280.060.0017,877.6619,264.5713,562.46

Total Debt17,590.0617,915.2517,877.6619,264.5713,562.46

Total Liabilities24,570.6624,598.4422,455.1323,289.9716,977.94

Mar '14Mar '13Mar '12Mar '11Mar '10

12 mths12 mths12 mths12 mths12 mths

Application Of Funds

Gross Block1,559.561,540.601,498.791,513.611,738.55

Less: Revaluation Reserves0.000.00958.28978.001,194.32

Less: Accum. Depreciation418.06387.30347.41313.57307.38

Net Block1,141.501,153.30193.10222.04236.85

Capital Work in Progress5.6219.2920.2912.5718.93

Investments7,513.538,641.4110,761.878,005.565,882.43

Inventories0.000.000.000.000.00

Sundry Debtors33.82106.0315.5875.6759.95

Cash and Bank Balance535.83514.6740.5936.5120.59

Total Current Assets569.65620.7056.17112.1880.54

Loans and Advances19,759.0115,448.9415,336.0716,093.2512,158.20

Fixed Deposits0.000.00858.02491.3517.94

Total CA, Loans & Advances20,328.6616,069.6416,250.2616,696.7812,256.68

Deferred Credit0.000.000.000.000.00

Current Liabilities4,138.671,043.864,543.921,036.85811.53

Provisions279.98241.34226.47610.13605.42

Total CL & Provisions4,418.651,285.204,770.391,646.981,416.95

Net Current Assets15,910.0114,784.4411,479.8715,049.8010,839.73

Miscellaneous Expenses0.000.000.000.000.00

Total Assets24,570.6624,598.4422,455.1323,289.9716,977.94

Contingent Liabilities1,185.602,880.99216.29154.70372.22

Book Value (Rs)40.4138.6258.4650.9842.71

IFCI

Cash Flow------------------- in Rs. Cr. -------------------

Mar '14Mar '13Mar '12Mar '11Mar '10

12 mths12 mths12 mths12 mths12 mths

Net Profit Before Tax660.45664.12957.741166.251115.26

Net Cash From Operating Activities131.07-675.97467.24964.74520.74

Net Cash (used in)/fromInvesting Activities-6.63-48.30-11.34-2166.45-1996.13

Net Cash (used in)/from Financing Activities-194.23840.33-85.151691.041030.33

Net (decrease)/increase In Cash and Cash Equivalents-69.79116.06370.75489.33-445.06

Opening Cash & Cash Equivalents605.62398.61527.8638.53483.59

Closing Cash & Cash Equivalents535.83514.67898.61527.8638.53

IFCIStandalone Profit & Loss account

------------------- in Rs. Cr. -------------------

Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

12 mths

12 mths

Income

Sales Turnover

2,884.51

2,705.85

2,607.81

2,286.51

1,655.66

Excise Duty

0.00

0.00

0.00

0.00

0.00

Net Sales

2,884.51

2,705.85

2,607.81

2,286.51

1,655.66

Other Income

66.75

53.45

56.93

151.87

23.67

Stock Adjustments

0.00

0.00

0.00

0.00

0.00

Total Income

2,951.26

2,759.30

2,664.74

2,438.38

1,679.33

Expenditure

Raw Materials

0.00

0.00

0.00

0.00

0.00

Power & Fuel Cost

0.00

0.00

0.00

0.00

0.00

Employee Cost

58.89

60.94

64.37

64.92

57.28

Other Manufacturing Expenses

0.00

0.00

0.00

0.00

0.00

Selling and Admin Expenses

0.00

0.00

-140.47

585.85

333.82

Miscellaneous Expenses

552.89

209.30

24.31

25.23

20.28

Preoperative Exp Capitalised

0.00

0.00

0.00

0.00

0.00

Total Expenses

611.78

270.24

-51.79

676.00

411.38

Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

12 mths

12 mths

Operating Profit

2,272.73

2,435.61

2,659.60

1,610.51

1,244.28

PBDIT

2,339.48

2,489.06

2,716.53

1,762.38

1,267.95

Interest

1,665.99

1,814.61

1,871.08

1,318.97

891.18

PBDT

673.49

674.45

845.45

443.41

376.77

Depreciation

13.04

10.33

11.67

10.28

8.98

Other Written Off

0.00

0.00

0.00

0.00

0.00

Profit Before Tax

660.45

664.12

833.78

433.13

367.79

Extra-ordinary items

0.00

0.00

123.96

733.12

747.47

PBT (Post Extra-ord Items)

660.45

664.12

957.74

1,166.25

1,115.26

Tax

152.35

213.25

294.12

460.00

444.32

Reported Net Profit

508.10

450.87

663.62

706.25

670.94

Total Value Addition

611.78

270.24

-51.79

676.00

411.38

Preference Dividend

0.26

0.26

0.26

0.26

0.26

Equity Dividend

166.20

166.20

73.78

73.78

71.81

Corporate Dividend Tax

28.30

27.01

12.02

12.02

11.97

Per share data (annualised)

Shares in issue (lakhs)

16,620.37

16,620.37

7,378.37

7,378.37

7,378.37

Earning Per Share (Rs)

3.06

2.71

8.99

9.57

9.09

Equity Dividend (%)

10.00

10.00

10.00

10.00

10.00

Book Value (Rs)

40.41

38.62

58.46

50.98

42.71

IDFI COMAPANY

BALANCE SHEET

Balance Sheet of IDFC------------------- in Rs. Cr. -------------------

Mar '14Mar '13Mar '12Mar '11Mar '10

12 mths12 mths12 mths12 mths12 mths

Sources Of Funds

Total Share Capital1,516.291,514.731,512.362,300.951,300.61

Equity Share Capital1,516.291,514.731,512.361,460.951,300.61

Share Application Money0.120.300.604.140.26

Preference Share Capital0.000.000.00840.000.00

Reserves13,192.6611,942.5810,627.618,765.065,522.24

Networth14,709.0713,457.6112,140.5711,070.156,823.11

Secured Loans42,867.4938,597.2333,535.9835,435.010.00

Unsecured Loans3,385.131,478.243,645.56862.2626,522.88

Total Debt46,252.6240,075.4737,181.5436,297.2726,522.88

Total Liabilities60,961.6953,533.0849,322.1147,367.4233,345.99

Mar '14Mar '13Mar '12Mar '11Mar '10

12 mths12 mths12 mths12 mths12 mths

Application Of Funds

Gross Block438.05435.38436.05441.67433.26

Less: Revaluation Reserves0.000.000.000.000.00

Less: Accum. Depreciation160.38143.72121.8699.7175.44

Net Block277.67291.66314.19341.96357.82

Capital Work in Progress0.900.000.160.644.63

Investments11,198.8811,272.408,485.718,107.425,778.84

Inventories0.000.000.000.000.00

Sundry Debtors643.1050.76371.4615.4545.93

Cash and Bank Balance217.46127.5217.82225.5532.03

Total Current Assets860.56178.28389.28241.0077.96

Loans and Advances61,426.3258,251.9150,966.6039,558.8228,121.22

Fixed Deposits0.000.00572.00743.000.00

Total CA, Loans & Advances62,286.8858,430.1951,927.8840,542.8228,199.18

Deferred Credit0.000.000.000.000.00

Current Liabilities12,185.2315,776.8410,840.251,158.41774.23

Provisions617.41684.33565.58467.00220.25

Total CL & Provisions12,802.6416,461.1711,405.831,625.41994.48

Net Current Assets49,484.2441,969.0240,522.0538,917.4127,204.70

Miscellaneous Expenses0.000.000.000.000.00

Total Assets60,961.6953,533.0849,322.1147,367.4333,345.99

Contingent Liabilities3,499.043,042.742,645.742,183.55914.84

Book Value (Rs)97.0188.8480.2770.0052.46

IDFC

Cash Flow------------------- in Rs. Cr. -------------------

Mar '14Mar '13Mar '12Mar '11Mar '10

12 mths12 mths12 mths12 mths12 mths

Net Profit Before Tax2358.192467.982201.361730.451317.14

Net Cash From Operating Activities-1604.32-5768.05-9223.31-11592.53-3401.99

Net Cash (used in)/fromInvesting Activities553.39-1194.45-38.97-496.9857.63

Net Cash (used in)/from Financing Activities1145.837002.329099.0813008.832720.08

Net (decrease)/increase In Cash and Cash Equivalents94.9039.82-163.20919.32-624.29

Opening Cash & Cash Equivalents101.2061.38224.5831.27655.55

Closing Cash & Cash Equivalents196.10101.2061.38950.5931.27

IDFCStandalone Profit & Loss account

------------------- in Rs. Cr. -------------------

Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

12 mths

12 mths

Income

Sales Turnover

8,214.21

7,765.30

6,094.32

4,271.82

3,144.71

Excise Duty

0.00

0.00

0.00

0.00

0.00

Net Sales

8,214.21

7,765.30

6,094.32

4,271.82

3,144.71

Other Income

17.72

11.19

-33.49

177.08

423.41

Stock Adjustments

0.00

0.00

0.00

0.00

0.00

Total Income

8,231.93

7,776.49

6,060.83

4,448.90

3,568.12

Expenditure

Raw Materials

0.00

0.00

0.00

0.00

0.00

Power & Fuel Cost

0.00

0.00

0.00

0.00

0.00

Employee Cost

129.00

136.99

149.12

107.63

104.43

Other Manufacturing Expenses

0.00

0.00

0.00

0.00

0.00

Selling and Admin Expenses

0.00

0.00

226.91

64.37

47.52

Miscellaneous Expenses

713.49

478.88

29.68

170.06

121.99

Preoperative Exp Capitalised

0.00

0.00

0.00

-11.38

0.00

Total Expenses

842.49

615.87

405.71

330.68

273.94

Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

12 mths

12 mths

Operating Profit

7,371.72

7,149.43

5,688.61

3,941.14

2,870.77

PBDIT

7,389.44

7,160.62

5,655.12

4,118.22

3,294.18

Interest

5,006.96

4,665.19

3,422.48

2,354.94

1,944.10

PBDT

2,382.48

2,495.43

2,232.64

1,763.28

1,350.08

Depreciation

24.29

27.45

31.28

32.70

32.84

Other Written Off

0.00

0.00

0.00

0.00

0.00

Profit Before Tax

2,358.19

2,467.98

2,201.36

1,730.58

1,317.24

Extra-ordinary items

0.00

0.00

0.02

0.00

0.00

PBT (Post Extra-ord Items)

2,358.19

2,467.98

2,201.38

1,730.58

1,317.24

Tax

657.07

703.00

598.70

453.44

304.40

Reported Net Profit

1,701.12

1,764.98

1,602.96

1,277.15

1,012.84

Total Value Addition

842.49

615.87

405.71

330.68

273.95

Preference Dividend

0.00

0.00

43.63

32.17

0.00

Equity Dividend

394.24

393.84

347.87

292.51

195.13

Corporate Dividend Tax

67.00

63.00

52.27

45.07

22.21

Per share data (annualised)

Shares in issue (lakhs)

15,162.86

15,147.28

15,123.63

14,609.48

13,006.12

Earning Per Share (Rs)

11.22

11.65

10.31

8.52

7.79

Equity Dividend (%)

26.00

26.00

23.00

20.00

15.00

Book Value (Rs)

97.01

88.84

80.27

70.00

52.46

COMAPARISON OF IFCI AND IDFC

IDFC

BSE:532659NSE:IDFCISIN:INE043D01016Industry :Finance - Term Lending Institutions

Mar '10

Mar '11

Mar '12

Mar '13

Mar '14

12 mths

12 mths

12 mths

12 mths

12 mths

Sources Of Funds

Total Share Capital

1,300.61

2,300.95

1,512.36

1,514.73

1,516.29

Equity Share Capital

1,300.61

1,460.95

1,512.36

1,514.73

1,516.29

Share Application Money

0.26

4.14

0.60

0.30

0.12

Preference Share Capital

0.00

840.00

0.00

0.00

0.00

Reserves

5,522.24

8,765.06

10,627.61

11,942.58

13,192.66

Revaluation Reserves

0.00

0.00

0.00

0.00

0.00

Networth

6,823.11

11,070.15

12,140.57

13,457.61

14,709.07

Secured Loans

0.00

35,435.01

33,535.98

38,597.23

42,867.49

Unsecured Loans

26,522.88

862.26

3,645.56

1,478.24

3,385.13

Total Debt

26,522.88

36,297.27

37,181.54

40,075.47

46,252.62

Total Liabilities

33,345.99

47,367.42

49,322.11

53,533.08

60,961.69

Mar '10

Mar '11

Mar '12

Mar '13

Mar '14

12 mths

12 mths

12 mths

12 mths

12 mths

Application Of Funds

Gross Block

433.26

441.67

436.05

435.38

438.05

Less: Accum. Depreciation

75.44

99.71

121.86

143.72

160.38

Net Block

357.82

341.96

314.19

291.66

277.67

Capital Work in Progress

4.63

0.64

0.16

0.00

0.90

Investments

5,778.84

8,107.42

8,485.71

11,272.40

11,198.88

Inventories

0.00

0.00

0.00

0.00

0.00

Sundry Debtors

45.93

15.45

371.46

50.76

643.10

Cash and Bank Balance

32.03

225.55

17.82

127.52

217.46

Total Current Assets

77.96

241.00

389.28

178.28

860.56

Loans and Advances

28,121.22

39,558.82

50,966.60

58,251.91

61,426.32

Fixed Deposits

0.00

743.00

572.00

0.00

0.00

Total CA, Loans & Advances

28,199.18

40,542.82

51,927.88

58,430.19

62,286.88

Deffered Credit

0.00

0.00

0.00

0.00

0.00

Current Liabilities

774.23

1,158.41

10,840.25

15,776.84

12,185.23

Provisions

220.25

467.00

565.58

684.33

617.41

Total CL & Provisions

994.48

1,625.41

11,405.83

16,461.17

12,802.64

Net Current Assets

27,204.70

38,917.41

40,522.05

41,969.02

49,484.24

Miscellaneous Expenses

0.00

0.00

0.00

0.00

0.00

Total Assets

33,345.99

47,367.43

49,322.11

53,533.08

60,961.69

Contingent Liabilities

914.84

2,183.55

2,645.74

3,042.74

3,499.04

Book Value (Rs)

52.46

70.00

80.27

88.84

97.01

BSE:532659

NSE:IDFC

Reuters:N.AN.A

Powered By :www.moneycontrol.com

IFCIBalance Sheet

-- in Rs. Cr. --

BSE:500106NSE:IFCIISIN:INE039A01010Industry :Finance - Term Lending Institutions

Mar '10

Mar '11

Mar '12

Mar '13

Mar '14

12 mths

12 mths

12 mths

12 mths

12 mths

Sources Of Funds

Total Share Capital

1,001.68

1,001.68

1,001.68

1,925.88

1,924.96

Equity Share Capital

737.84

737.84

737.84

1,662.04

1,661.12

Share Application Money

0.00

0.00

0.00

0.00

0.00

Preference Share Capital

263.84

263.84

263.84

263.84

263.84

Reserves

2,413.80

3,023.72

3,575.79

4,757.31

5,055.64

Revaluation Reserves

1,194.32

978.00

958.28

0.00

0.00

Networth

4,609.80

5,003.40

5,535.75

6,683.19

6,980.60

Secured Loans

0.00

0.00

0.00

17,915.25

310.00

Unsecured Loans

13,562.46

19,264.57

17,877.66

0.00

17,280.06

Total Debt

13,562.46

19,264.57

17,877.66

17,915.25

17,590.06

Total Liabilities

18,172.26

24,267.97

23,413.41

24,598.44

24,570.66

Mar '10

Mar '11

Mar '12

Mar '13

Mar '14

12 mths

12 mths

12 mths

12 mths

12 mths

Application Of Funds

Gross Block

1,738.55

1,513.61

1,498.79

1,540.60

1,559.56

Less: Accum. Depreciation

307.38

313.57

347.41

387.30

418.06

Net Block

1,431.17

1,200.04

1,151.38

1,153.30

1,141.50

Capital Work in Progress

18.93

12.57

20.29

19.29

5.62

Investments

5,882.43

8,005.56

10,761.87

8,641.41

7,513.53

Inventories

0.00

0.00

0.00

0.00

0.00

Sundry Debtors

59.95

75.67

15.58

106.03

33.82

Cash and Bank Balance

20.59

36.51

40.59

514.67

535.83

Total Current Assets

80.54

112.18

56.17

620.70

569.65

Loans and Advances

12,158.20

16,093.25

15,336.07

15,448.94

19,759.01

Fixed Deposits

17.94

491.35

858.02

0.00

0.00

Total CA, Loans & Advances

12,256.68

16,696.78

16,250.26

16,069.64

20,328.66

Deffered Credit

0.00

0.00

0.00

0.00

0.00

Current Liabilities

811.53

1,036.85

4,543.92

1,043.86

4,138.67

Provisions

605.42

610.13

226.47

241.34

279.98

Total CL & Provisions

1,416.95

1,646.98

4,770.39

1,285.20

4,418.65

Net Current Assets

10,839.73

15,049.80

11,479.87

14,784.44

15,910.01

Miscellaneous Expenses

0.00

0.00

0.00

0.00

0.00

Total Assets

18,172.26

24,267.97

23,413.41

24,598.44

24,570.66

Contingent Liabilities

372.22

154.70

216.29

2,880.99

1,185.60

Book Value (Rs)

42.71

50.98

58.46

38.62

40.41

BSE:500106

NSE:IFCI

Reuters:IFCI.BOIFCI.NS

Powered By :www.moneycontrol.com

Balance Sheet-- in Rs. Cr. --