Support on the InvIT listing of a renewable power solution player

The company is one of the largest private-sector renewable energy companies and the largest publicly listed renewable energy 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 the requisite knowledge of the regulations for listing InvITs

Our team’s role

Financial Statement Preparation

Providing support to the finance team to prepare the combined financial statements and other related financial information required for inclusion in the placement memorandum

Technical Accounting Advisory

Providing 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