Event Date: N/A
Guidelines for the Release of Information in connection with the Proposed Initial Public Offering (IPO) of Equity Shares of Vikram Solar Limited, issued by Linklaters and Khaitan & Co. on June 11, 2024, address the restrictions on publicity and information dissemination for Vikram Solar Limited's (the “Issuer” or "Company") proposed IPO. The guidelines apply to all "Offering Participants," including the Company, selling shareholders, their officers and directors, the Book Running Lead Managers (BRLMs), syndicate members, advertising agencies, and anyone acting on their behalf.
The guidelines are effective immediately and remain in effect until the later of 40 calendar days after the closing date of the Offering or upon completion of the distribution of the Securities. The Issuer must designate an "Authorized Person" to ensure compliance with these guidelines regarding all communications issued to the public during this "Restricted Period." This memorandum should be read in conjunction with the Indian law memorandum on publicity guidelines prepared by Indian counsels.
Key Restrictions and Guidelines:
Release of Information to Analysts, Banks, and Brokers:
Internet Activities:
Legal Restrictions Under Indian Law (Annexure A):
General "Dos and Don'ts" of communication:
Consequences of Non-Compliance:
Failure to comply with these guidelines could result in criminal offenses or civil liability, impair the Issuer's ability to enforce agreements, jeopardize the IPO's success, cause the Issuer to lose exemptions from registration requirements, or result in the Issuer and the Managers being liable to investors.
Access essential information and documents to make informed investment decisions
Stay updated with upcoming events, conferences, and announcements
Access quarterly and half-yearly financial statements and reports
Download comprehensive annual reports and financial summaries
Access investor presentations, corporate briefings, and slideshows
Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.
You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.
The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.
Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.
To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.
Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.
The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.
Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.
It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.
