Professional Documents
Culture Documents
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: -
Sikarwar
MBA(GEN)- 4th
MR P.K.SHARMA SIR
Sem
:A50001913014
Institutes Name
CAPITAL VENTURE
Subject Area
FINANCE
MR P.K.SHARMA SIR
the Supervisor
SYNOPSIS
APPROVED
NOT APPROVED
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
INTRODUCTION
Venture capital (VC) is financial capital provided to early-stage, highpotential, growth startup companies. The venture capital fund earns money by
owning equity in the companies it invests in, which usually have a novel
technology or business model in high technology industries, such
as biotechnology and IT. The typical venture capital investment occurs after
the seed funding round as the first round of institutional capital to fund growth
(also referred to as Series A round) in the interest of generating a return through
an eventual realization event, such as an IPO or trade sale of the company.
Venture capital is a type of private equity.
OBJECTIVE
TO UNDERSTAND ROLE OF CAPITAL VENTURE IN COUNTRIES
ECONOMIC GROWTH
TO MATCH THE PERFORMANCE OF THE IDFI AND IFCI
IFCI
BALANCE SHEET
Mar '13
Mar '12
Mar '11
Mar '10
12 mths
12 mths
12 mths
12 mths
12 mths
1,924.96
1,925.88
1,001.68
1,001.68
1,001.68
Sources Of Funds
1,661.12
1,662.04
737.84
737.84
737.84
0.00
0.00
0.00
0.00
0.00
263.84
263.84
263.84
263.84
263.84
Reserves
5,055.64
4,757.31
3,575.79
3,023.72
2,413.80
Networth
6,980.60
6,683.19
4,577.47
4,025.40
3,415.48
310.00
17,915.25
0.00
0.00
0.00
Secured Loans
Unsecured Loans
17,280.06
0.00
17,877.66
19,264.57
13,562.46
Total Debt
17,590.06
17,915.25
17,877.66
19,264.57
13,562.46
Total Liabilities
24,570.66
24,598.44
22,455.13
23,289.97
16,977.94
Mar '14
Mar '13
Mar '12
Mar '11
Mar '10
12 mths
12 mths
12 mths
12 mths
12 mths
1,559.56
1,540.60
1,498.79
1,513.61
1,738.55
Application Of Funds
Gross Block
Less: Revaluation Reserves
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
0.00
0.00
958.28
978.00
1,194.32
418.06
387.30
347.41
313.57
307.38
1,141.50
1,153.30
193.10
222.04
236.85
5.62
19.29
20.29
12.57
18.93
7,513.53
8,641.41
10,761.87
8,005.56
5,882.43
0.00
0.00
0.00
0.00
0.00
33.82
106.03
15.58
75.67
59.95
535.83
514.67
40.59
36.51
20.59
569.65
620.70
56.17
112.18
80.54
19,759.01
15,448.94
15,336.07
16,093.25
12,158.20
0.00
0.00
858.02
491.35
17.94
20,328.66
16,069.64
16,250.26
16,696.78
12,256.68
Deferred Credit
0.00
0.00
0.00
0.00
4,138.67
1,043.86
4,543.92
1,036.85
811.53
279.98
241.34
226.47
610.13
605.42
4,418.65
1,285.20
4,770.39
1,646.98
1,416.95
15,910.01
14,784.44
11,479.87
15,049.80
10,839.73
0.00
0.00
0.00
0.00
0.00
24,570.66
24,598.44
22,455.13
23,289.97
16,977.94
1,185.60
2,880.99
216.29
154.70
372.22
40.41
38.62
58.46
50.98
42.71
Current Liabilities
Provisions
Miscellaneous Expenses
Total Assets
Contingent Liabilities
Book Value (Rs)
0.00
IFCI
Cash Flow
------------------- in Rs. Cr. ------------------Mar '14 Mar '13 Mar '12 Mar '11 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
964.74
520.74
489.33 -445.06
38.53
483.59
527.86
38.53
IFCI
Standalone Profit &
Loss account
Mar '14
Mar '13
Mar '12
Mar '11
Mar '10
12 mths
12 mths
12 mths
12 mths
12 mths
Income
Sales
Turnover
Excise Duty
Net Sales
2,884.51
0.00
2,884.51
0.00
0.00
0.00
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
Expenditure
Raw Materials
Power & Fuel
Cost
Employee
Cost
Other
Manufacturing
Expenses
Selling and
Admin
Expenses
Miscellaneous
Expenses
Preoperative
Exp
Capitalised
Total
Expenses
Operating
Profit
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
58.89
60.94
64.37
64.92
57.28
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-140.47
585.85
333.82
552.89
209.30
24.31
25.23
20.28
0.00
0.00
0.00
0.00
0.00
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
2,272.73
PBDIT
2,339.48
Interest
1,665.99
PBDT
Depreciation
Other Written
Off
Profit Before
Tax
Extra-ordinary
items
PBT (Post
Extra-ord
Items)
Tax
891.18
673.49
674.45
845.45
443.41
376.77
13.04
10.33
11.67
10.28
8.98
0.00
0.00
0.00
0.00
0.00
660.45
664.12
833.78
433.13
367.79
0.00
0.00
123.96
733.12
747.47
660.45
664.12
152.35
213.25
294.12
460.00
444.32
Reported Net
508.10
450.87
663.62 706.25
670.94
Profit
Total Value
611.78
270.24
-51.79 676.00
411.38
Addition
Preference
0.26
0.26
0.26
0.26
0.26
Dividend
Equity
166.20
166.20
73.78
73.78
71.81
Dividend
Corporate
28.30
27.01
12.02
12.02
11.97
Dividend Tax
Per share data
(annualised)
Shares in
16,620.37 16,620.37 7,378.37 7,378.37 7,378.37
issue (lakhs)
Earning Per
3.06
2.71
8.99
9.57
9.09
Share (Rs)
Equity
10.00
10.00
10.00
10.00
10.00
Dividend (%)
Book Value
40.41
38.62
58.46
50.98
42.71
(Rs)
IDFI COMAPANY
BALANCE SHEET
Balance Sheet of IDFC
Mar '14
Mar '13
Mar '12
Mar '11
Mar '10
12 mths
12 mths
12 mths
12 mths
12 mths
1,516.29
1,514.73
1,512.36
2,300.95
1,300.61
Sources Of Funds
1,516.29
1,514.73
1,512.36
1,460.95
1,300.61
0.12
0.30
0.60
4.14
0.26
0.00
0.00
0.00
840.00
0.00
Reserves
13,192.66
11,942.58
10,627.61
8,765.06
5,522.24
Networth
14,709.07
13,457.61
12,140.57
11,070.15
6,823.11
Secured Loans
42,867.49
38,597.23
33,535.98
35,435.01
0.00
Unsecured Loans
3,385.13
1,478.24
3,645.56
862.26
26,522.88
Total Debt
46,252.62
40,075.47
37,181.54
36,297.27
26,522.88
Total Liabilities
60,961.69
53,533.08
49,322.11
47,367.42
33,345.99
Mar '14
Mar '13
Mar '12
Mar '11
Mar '10
12 mths
12 mths
12 mths
12 mths
12 mths
438.05
435.38
436.05
441.67
433.26
Application Of Funds
Gross Block
Less: Revaluation Reserves
0.00
0.00
0.00
0.00
0.00
160.38
143.72
121.86
99.71
75.44
Net Block
277.67
291.66
314.19
341.96
357.82
0.90
0.00
0.16
0.64
4.63
11,198.88
11,272.40
8,485.71
8,107.42
5,778.84
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
643.10
50.76
371.46
15.45
45.93
217.46
127.52
17.82
225.55
32.03
860.56
178.28
389.28
241.00
77.96
61,426.32
58,251.91
50,966.60
39,558.82
28,121.22
0.00
0.00
572.00
743.00
0.00
62,286.88
58,430.19
51,927.88
40,542.82
28,199.18
0.00
0.00
0.00
0.00
0.00
12,185.23
15,776.84
10,840.25
1,158.41
774.23
617.41
684.33
565.58
467.00
220.25
12,802.64
16,461.17
11,405.83
1,625.41
994.48
49,484.24
41,969.02
40,522.05
38,917.41
27,204.70
0.00
0.00
0.00
0.00
0.00
60,961.69
53,533.08
49,322.11
47,367.43
33,345.99
3,499.04
3,042.74
2,645.74
2,183.55
914.84
97.01
88.84
80.27
70.00
52.46
Miscellaneous Expenses
Total Assets
Contingent Liabilities
Book Value (Rs)
IDFC
Cash Flow
12 mths 12 mths
1730.45 1317.14
-38.97
-496.98
57.63
39.82 -163.20
919.32 -624.29
101.20
61.38
224.58
31.27
655.55
196.10
101.20
61.38
950.59
31.27
IDFC
Standalone Profit &
Loss account
Mar '14
Mar '13
Mar '12
Mar '11
Mar '10
12 mths
12 mths
12 mths
12 mths
12 mths
8,214.21
7,765.30
6,094.32
4,271.82
3,144.71
0.00
0.00
0.00
0.00
0.00
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
8,231.93
7,776.49
6,060.83
4,448.90
3,568.12
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
129.00
136.99
149.12
107.63
104.43
0.00
0.00
0.00
0.00
0.00
0.00
0.00
226.91
64.37
47.52
713.49
478.88
29.68
170.06
121.99
Income
Sales
Turnover
Excise Duty
Net Sales
Total Income
Expenditure
Raw Materials
Power & Fuel
Cost
Employee
Cost
Other
Manufacturing
Expenses
Selling and
Admin
Expenses
Miscellaneous
Expenses
Preoperative
Exp
Capitalised
Total
Expenses
0.00
0.00
0.00
-11.38
0.00
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
24.29
27.45
31.28
32.70
32.84
0.00
0.00
0.00
0.00
0.00
2,358.19
2,467.98
2,201.36
1,730.58
1,317.24
0.00
0.00
0.02
0.00
0.00
2,358.19
2,467.98
2,201.38
1,730.58
1,317.24
657.07
703.00
598.70
453.44
304.40
Depreciation
Other Written
Off
Profit Before
Tax
Extra-ordinary
items
PBT (Post
Extra-ord
Items)
Tax
Reported Net
1,701.12 1,764.98 1,602.96 1,277.15 1,012.84
Profit
Total Value
842.49
615.87
405.71
330.68
273.95
Addition
Preference
0.00
0.00
43.63
32.17
0.00
Dividend
Equity
394.24
393.84
347.87
292.51
195.13
Dividend
Corporate
67.00
63.00
52.27
45.07
22.21
Dividend Tax
Per share data
(annualised)
Shares in
15,162.86 15,147.28 15,123.63 14,609.48 13,006.12
issue (lakhs)
Earning Per
11.22
11.65
10.31
8.52
7.79
Share (Rs)
Equity
26.00
26.00
23.00
20.00
15.00
Dividend (%)
Book Value
97.01
88.84
80.27
70.00
52.46
(Rs)
IDFC
BSE: 500106
BSE: 532659
NSE: IFCI
ISIN: INE039A01010
NSE: IDFC
ISIN: INE043D01016
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
1,300.61 2,300.95 1,512.36 1,514.73 1,516.29
Capital
Equity Share
1,300.61 1,460.95 1,512.36 1,514.73 1,516.29
Capital
Share
Application
0.26
4.14
0.60
0.30
0.12
Money
Preference
0.00
840.00
0.00
0.00
0.00
Share Capital
Reserves
5,522.24 8,765.06 10,627.61 11,942.58 13,192.66
Revaluation
0.00
0.00
0.00
0.00
0.00
Reserves
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
26,522.88
862.26 3,645.56 1,478.24 3,385.13
Loans
Total Debt
26,522.88 36,297.27 37,181.54 40,075.47 46,252.62
Total
33,345.99 47,367.42 49,322.1153,533.08 60,961.69
Liabilities
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.
75.44
99.71
121.86
143.72
160.38
Depreciation
Net Block
357.82
341.96
314.19
291.66
277.67
Capital Work in
4.63
0.64
0.16
0.00
0.90
Progress
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
45.93
15.45
371.46
50.76
643.10
Debtors
Cash and
32.03
225.55
17.82
127.52
217.46
Bank Balance
Total Current
77.96
241.00
389.28
178.28
860.56
Assets
Loans and
28,121.22 39,558.82 50,966.60 58,251.91 61,426.32
Advances
Fixed Deposits
0.00
743.00
572.00
0.00
0.00
Total CA,
Loans &
28,199.18 40,542.82 51,927.88 58,430.19 62,286.88
Advances
Deffered Credit
0.00
0.00
0.00
0.00
0.00
Current
774.23 1,158.41 10,840.25 15,776.84 12,185.23
Liabilities
Provisions
220.25
467.00
565.58
684.33
617.41
Total CL &
994.48 1,625.41 11,405.83 16,461.17 12,802.64
Provisions
Net Current
27,204.70 38,917.41 40,522.05 41,969.02 49,484.24
Assets
Miscellaneous
0.00
0.00
0.00
0.00
0.00
Expenses
Total Assets 33,345.99 47,367.43 49,322.1153,533.08 60,961.69
Mar '11
Mar '12
Mar '13
Mar '14
Total Share
Capital
Equity Share
Capital
Share
Application
Money
Preference
Share Capital
Reserves
Revaluation
Reserves
Networth
Secured
Loans
Unsecured
Loans
Total Debt
Total
Liabilities
737.84
0.00
0.00
0.00
0.00
0.00
263.84
263.84
263.84
263.84
263.84
0.00
0.00
6,980.60
Mar '10
978.00
Mar '11
958.28
Mar '12
Mar '13
310.00
17,280.0
6
17,590.0
6
24,570.6
6
Mar '14
1,559.56
418.06
1,141.50
5.62
7,513.53
0.00
33.82
535.83
569.65
19,759.0
1
0.00
20,328.6
6
0.00
4,138.67
279.98
4,418.65
15,910.0
1
0.00