TEAM MEMBERS

1. 2. 3. 4. 5. 6.

KALAIVANI N (30020) PREMNATH V (30034) VENKAT P (30049) VISHAL R (30052) PRADEEP R (30092) VIJAY VIGNESH S (300110)

Letter of offer
Letter of offer is a must read document for investors which is usually prepared by company for its rights issue.
A legal document filed with SEBI and stock exchanges.

These documents consist of comprehensive information .

The letter of offer contains all the disclosures. General risks

Issuers absolute responsibility.

Basic contents
Listing
Lead manager to the issue Pre issue : In the pre-issue process, the Lead Manager (LM) takes up the due diligence of company's operations/ management/ business plans/ legal, drafting and design of Offer documents. Post issue work Management of escrow accounts, dispatch of refund orders. Registrar to the issue.

Forward looking statements.

Risk factors

Types of Risks:
1. 2.

Internal Risks External Risks

3.

Risk related to the equity shares

Internal Risks

Involvement with Third Parties

BIFR AAIFR

Supply of Building Materials/ Labours Real Estate Market

Role of Promoters & Promoters Group Entities

Penalty Clauses Indebtedness & Restrictive Covenants Joint Development Agreements/Shareholders Agreement with long term investors/LLP Agreements

Legal Proceedings
Government Regulations Rate of Taxes & Stamp Duty Safety, Law & environmental Laws Compliance

External Risks
Dependent on the performance of, and the conditions affecting, the real estate market in India.
Heavily dependent on the availability of real estate financing in India A slowdown in economic growth in India could cause our business to suffer Political instability or changes in the Government of India Restrictions on FDI in the real estate

Recent changes in competition law in India-CCI

Transition to IND AS

The occurrence of natural or man-made disasters

Downgrading of Indias debt rating by an independent agency

A decline in Indias foreign exchange reserves

Risks Related to Equity shares

Price and volume fluctuations of Equity Shares/ Non-Development of an active trading market.
Conditions in the Indian Securities Market. Restrictions on daily movements in the price of equity shares affecting a shareholders ability to sell. Availability of Information about listed companies Economic developments and volatility in securities market Any future issuance of equity shares

Tax on Capital gains.

Market risk pertaining to the receipt of equity shares.

Introduction About the Company

Real Estate Company

Originally incorporated as Sea Breeze Constructions and Investments Private Limited and in 2004 changed to Godrej Properties Ltd 75 % of the shares owned by Promoters and Promoters group Second most trusted brand in diversified category Sixth most trusted brand in general category Uses joint developmental model developing projects jointly with the land owner Strengths : brand name, pipeline projects, strategic investing About board of directors, management team, relationship between the board of directors About projects undertaken

82% Residential Projects 18% Commercial Projects

Financial information
Report of the Independent Auditors
Balance Sheet Profit and Loss statement Cash Flows Shareholding Patterns Amalgamation details - Godrej Waterside Properties Private Limited (GWPPL or the Transferor Company) (a wholly owned subsidiary) with Godrej Properties Limited (GPL or the Transferee Company) About Subsidiaries, Leases and Related Party Transactions

Legal and other Information

Outstanding Litigation and Defaults Government and other approvals
Civil proceedings Service tax proceedings Income Tax proceedings Criminal Proceedings

Based on Type of the project The state where the project is located. Ex. layout plan approval from the municipal corporation, no objection certificate from the chief fire officer, environmental clearances from the state pollution control boards and ministry of environment and forests. Authority for the issue RBI approval for renunciation Prohibition by SEBI or other governmental authorities, RBI Disclaimer clauses Selling Restrictions Investor grievances and redressal system

Other Regulatory and statutory disclosures

Financial Information
1. Accounting Ratios and capitalisation statement

Earnings per share - in accordance with the notified accounting standard 20 prescribed by companies rules, 2006, Return on Net worth(%), Net asset value per share Total Shareholder funds and total debt.

2. Stock Market Data : Equity shares are listed in BSE and NSE.

3. Financial Indebtedness

Secured borrowings - primary and collateral security Unsecured borrowings

Issue information
Retail Investors Rs. 2,00,000
Basis for the issue Rights entitlement Principal terms of the equity shares ( Face value, issue price, rights entitlement ratio ) Rights of the Equity shareholders Composite Application Form (CAF)

Acceptance, renunciation, application, request for split application forms

Issue information..cont..
Plain paper
Modes of payment Basis of allotment Payment of refund

Dos and Don'ts for all the investors

Investment by FIIs Minimum subscription

Other Information
Material Contracts and Document for inspection

Material contracts for the issue Material Documents