The Department of Finance, RVIM conducted a half-day workshop on 23rd November 2018, on “Workshop on Corporate Valuation of Indian listed Company”. Participants for the workshop include the III Semester students Section- C (finance students).Mr.Dileep, Assistant Professor Department of Finance is the in charge for the workshop. Ms. SwomyaSree N 3rd Semester student introduced the key speakers i.e. Mr. BasanagoudaPatil(Charted Accountant) to the audience and Ms. Tejaswini B 3rd Semester student made vote of thanks and context of the workshop.
Context of the Workshop:
A business valuation is an examination conducted towards rendering an estimate or opinion as to the fair market value of a business interest at a given point in time. Generally, when valuing a business, a notional transaction is assumed, that is, one which has not been subjected to the bargaining process. Like accounting, valuation is an art rather than an exact science, and a properly conducted valuation is nothing more than an expression of informed opinion, which is based on fact and judgment. By their very nature, valuations are not precise. Consequently, valuation estimates and opinions are generally stated as a range of values.
Business valuation is no precise science. There is no universal legal framework which dictates how the valuation should be performed. Therefore, it is no right way to estimate a company‘s value.
Real case considered by taking DMART &VakranagecompaniesCase 1 :Background of DMART (Avenue Supermart):
Dmart Profit and Loss Account
Dmart IPO Summary
Ms. SowmyaSree N 3rd semester student: Introducing Resource Person Mr. BasanagoudaPatil and Dr. Noor Firdoos Jahan Professor RVIM.
Resource Person: Mr. BasanagoudaPatil, addressing the students on Stock Valuation