contenct of prospectus

CONTENT OF PROSPECTUS

Prospectus is the window through which can investor can look into the soundness of the company venture. The investor must,therefore, be given a complete picture of the company’s intended activities and its disclousure of all material and essential particulars and lay the same in full view of all intending purchasers of shares.

The important content of prospectus are as follows:





Part 2 of schedule 2

A) Genral information

1.consent of directors, auditors, solicities / advocates, managers to issue, register of clause, bankers to the company.

2.experts openion obtained, if any.

3.change, if any, in directors and auditors during the last 3 years, and reasons there of.

4.authority for the issue and details of resolution passed for the issue.

5.procedure and time schedule for aalotment and issue of the certificates.

6.names and address of the company secretary, legal adviser, lead managers, co-managers, auditors, bankers to the company.

B)Financial information:

1.report by the accountants:

A report by the accountants on the profits and losses of the business for the proceeding 5 financial years, and on the assets and liabilities of the business on the date can be which shall be more than 120 days before the date of issue in prospectus.

2.report by the auditors:

A report by the auditors of the company with respect to;

a) Its profits and losses recurring nature and assets and liabilities;

b) The rates of dividends paid by the company during the preceding 5 financial years.

c) Principal terms of loans and assets charged as security.

d)Statutory and other information:

1.minimum subscription.

2.expenses of the issue giving separately fees payable to:

a) advisers. B) rigisters to the issue. C) managers to the issue.

3.underwriting commission and brokerage.

4.previous issue for cash.

5.previous public or rights issue, if any (during last 5 years).

6.commision or brokerage on previous issue.

7.issue of shares otherwise than cash.

8.revaluation of assets, if any(during the last 5 years).9.material contracts and inspection of
documents.