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Made for the first time, the public offering to investors on becoming the shareholders of the company – is a complicated complex of organizational, legal and financial procedures, which includes not only the company itself and its potential investors but also many other intermediaries.
During preparation and performance of IPO the most important set of problems for the investors relates to concrete assessment of company’s perspectives, market risks, related to its activity and specific risks related to arrangements under IPO, financial as well as legal.
Specialists of Marka Audit group of companies provide a wide range of services and by possessing a broad experience and knowledge of the market will help your company on IPO project preparation and realization stage. Our specialists will provide you the following services:
- perform full legal accompaniment of the project;
- take part in performing due diligence (detailed analysis of the company);
- prepare all legal documents for an arrangement (emission prospect, informational memorandum), give legal conclusion;
- prepare or confirm the reliability of the financial statement in accordance with International Financial Reporting Standards requirements or International Audit Standards;
- prepare independent analysis of emission prospect.
DUE DILIGENCE of ISSUER – comprehensive research of company’s activity, its financial status and market position.
Company’s public status is an important condition for successful realization of IPO – it undermines the establishment of comprehensive and objective representation of the company (due diligence). The procedure of establishing an objective representation requires efforts, mainly from the issuer itself. Which aspects of company’s activity should be disclosed, and to which extent, so it is enough for publicity – the company structure, capital and assets structure, shareholders, company’s financial status, market and specific risks of activity, corporate policy, development perspectives?
That is why, considering the experience of our Company in comprehensive research in the area of financial, legal, tax and market analysis, research of company’s standing in competitive environment, market potential and development perspectives, we can offer the following services:
- check the reliability of financial and other internal information;
- find support to assumptions, considered in the business-plan;
- assess the possibility for realization of company’s short-term and long-term strategy;
- make sure in accuracy of all documents in compliance with legislation and company’s internal standards;
- check the accuracy and timeliness of declaring tax and statistical accounting;
- assess company’s competitive position on the market, on which it operates its activity;
- make sure that company’s management is competent enough to implement set plans. The distinction of this type of service is that it includes the joint work of external consultants and specialists of your company, and the efficiency mainly depends on rational distribution of work between project participants.
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