Scribd Logo
Upload

Welcome to Scribd!

  • 53 views

    Team Members: S No Parameter Zencap Blackgem Preferred

    Uploaded by

    Kshitish
    This document compares the terms of investments from three companies - Zencap, Blackgem, and Preferred. It outlines 26 parameters such as valuation, amount of offering, equity share structure, exit provisions, board representation, and other rights. For most parameters, one of the three options is identified as preferred based on factors like higher valuation and more favorable investor rights.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Team Members: S No Parameter Zencap Blackgem Preferred

    Uploaded by

    Kshitish
    53 views2 pages
    This document compares the terms of investments from three companies - Zencap, Blackgem, and Preferred. It outlines 26 parameters such as valuation, amount of offering, equity share structure, exit provisions, board representation, and other rights. For most parameters, one of the three options is identified as preferred based on factors like higher valuation and more favorable investor rights.

    Original Description:

    Surya Tutoring Comparison

    Original Title

    Surya Tutoring Comparison

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document compares the terms of investments from three companies - Zencap, Blackgem, and Preferred. It outlines 26 parameters such as valuation, amount of offering, equity share structure, exit provisions, board representation, and other rights. For most parameters, one of the three options is identified as preferred based on factors like higher valuation and more favorable investor rights.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    53 views2 pages

    Team Members: S No Parameter Zencap Blackgem Preferred

    Uploaded by

    Kshitish
    This document compares the terms of investments from three companies - Zencap, Blackgem, and Preferred. It outlines 26 parameters such as valuation, amount of offering, equity share structure, exit provisions, board representation, and other rights. For most parameters, one of the three options is identified as preferred based on factors like higher valuation and more favorable investor rights.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    CGT19003: Anil Kumar Nayak

    CGT19004: Animesh Kumar Singh


    Team Members
    CGT19005: Ankit Bansal
    CGT19009: Bhavani Shankar
    S No Parameter Zencap Blackgem Preferred
    Valuation of Company
    1 12 X 16 X Blackgem
    (Audited FY10 PAT)
    2 Amount of Offering 44 Cr 150 Cr Blackgem
    3 Equity investor 8% 25% Zencap
    Min - Max Post money
    4 340 - 440 Cr 600 Cr Blackgem
    valuation
    5 Price per share 3000
    Common Equity share -
    6 Type of equity 11 Cr, Warrants - 11 Cr, Series A preferred Zencap
    CCPS - 22 Cr
    Min - Max Post money
    7 296 - 396 Cr
    valuation
    8 Equity Emp/friend 10%
    Number of securities to
    9 2,04,545 500000 Zencap
    investor
    10 Dividends Not specified 8%, Non-cumulative Zencap
    Original Price +
    11 Case of Liquidation No Clear Specification Zencap
    Dividend Accrued
    Qualified IPO - Not later
    Redeem @ Purchase
    than 4 years (2014)
    12 Provision for Exit price + dividends + 4% Blackgem
    IRR > 15%
    pa March 31 2015
    gross proceeds > 150 Cr
    If delayed, purchase
    Sell to any 3rd party after
    13 Provision for Exit price + dividend + 10% Blackgem
    5 years (2015)
    pa
    Number of board directors
    14 1 2 Zencap
    that can be nominated
    Investment Director in
    15 Yes No Blackgem
    subcommittees
    16 Number of Board Members 7 5 Blackgem
    17 D&O Insurance Required Required
    Upto 15%
    Fund usage in case of change
    18 Prior Information to be No Blackgem
    in business plan
    given
    Amenment of Memorandum
    19 Yes Yes
    of association
    20 Raising share capital Yes Yes
    Yes Yes
    21 Purchase/redeem/pay dividend Zencap
    if >25% of Face value No value attached
    Provision for Creation or
    22 Yes Yes
    modifucation of ESOP Plan
    First Provision for Additional Yes
    23 Yes (if > 10Cr) Zencap
    Debt No value attached
    24 Prior IPO Finalization Yes No Blackgem
    Consultation of investors
    25 Appointent of CFO No Blackgem
    required

    You might also like