Enabling InvIT Listing for a Renewable Power Company
Case Study
Enabling InvIT Listing for a Renewable Power Company
The company is among the largest private sector renewables companies and also one of the country’s largest renewable energy listed InvIT.
The business situation
The company was in the process of filing for registration as an InvIT and required assistance to help prepare the financial information that would form part of the placement memorandum. Given that the finance team was lean and required expertise in the domain, the client sought a partner with requisite knowledge of the regulations for listing InvITs.
Our team’s role
Financial Statement Support
We provided support to the finance team to prepare the combined financial statements and other related financial information required to be presented as part of the placement memorandum.
Technical Accounting Guidance
We also provided technical inputs on complex accounting issues identified during the engagement.
The value our team added
Our team supported their team in preparing the financial information required to form part of the placement memorandum. We also assisted the client in closing any audit queries identified as part of the circle-up process. Our team's collaborative efforts helped the client file the placement memorandum with SEBI within the stipulated time.