Professional Certificate

in

READING AN
IPO

Understand IPO disclosures to
empower your investment journey

16 Hours Live Online Weekend Sessions Capstone Project

YOU WILL LEARN TO:

Decipher Draft

Red Herring Prospectus (DRHP)

Analyse

Investor Demand Signals

Interpret

Valuation Metrics

Apply Excel-based Models for

Ratio Analysis

Learn Section Image

A structured bootcamp designed to help retail investors decode IPO disclosures, unlock meaningful insights, and invest with confidence.

HIGHLIGHTS:

Capstone Project

Apply learning to analyse an IPO performance using historic data and present insights

Excel-based Analysis

Work with Excel templates to compare financial data of company filings

Industry-led Sessions

Interactive online sessions by seasoned industry practitioners

MODULES

Identifying a Potential Company: Understanding the Prospectus
  • Draft Red Herring Prospectus (DRHP)
  • Red Herring Prospectus (RHP)
  • Final Offer Document

Key Takeaways: Understand SEBI filing structure | Identify key indicators in DRHP/RHP | Decode offer/pricing details

Conducting Preliminary Financial Analysis of the Company
  • Financial Statements
  • Valuation Ratios (P/E, P/B, D/E, RoE)
  • Final Offer Document

Key Takeaways: Analyse Balance Sheet and P&L | Apply valuation metrics contextually | Understand IPO subscription trends

Interpreting Market & Industry Conditions
  • Market Sentiment
  • Industry Analysis
  • Subscription Trends

Key Takeaways: Correlate launch timing with market phase | Evaluate industry potential | Interpret category-wise bids

Evaluating Competitive & Strategic Position
  • Industry Landscape
  • Competitive Advantages
  • Market Share & Scalability

Key Takeaways:Compare company with peers | Assess strategic edge |Judge expansion capability

Signals of Investor’s Demand
  • Oversubscription Analysis
  • Anchor/QIB Participation

Key Takeaways: Gauge investor confidence via demand | Understand institutional interest’s impact

Reviewing Company Leadership & Governance
  • Promoter / Management Review
  • Business Model
  • Use of IPO Fund & Governance

Key Takeaways: Leadership Credibility |Analyse revenue model & risks | Understand fund raising objectives

Download Brochure for a detailed curriculum
Capstone Project
CAPSTONE PROJECT
IPO Case Analysis
using structured templates and a guided framework.
Project Components:
  • Company Overview
  • IPO Disclosures and Offer Structure
  • Financial Analysis
  • Market & Industry Conditions
  • Investor Demand & Pricing
  • Conclusion & Reflection

PROGRAM IDEAL FOR:

Retail Investors
to make informed investment decisions and protect capital
Financial Advisors, Analysts, and Wealth Managers
to guide clients on IPO investments with greater insights
Entrepreneurs & MSME Owners
to understand the IPO Process and investor expectations
Students & MBA Aspirants
to build a foundation in capital markets, valuation and public offerings
Certificate

The Professional Certificate of Completion will be awarded to participants upon securing 60% or above in the final assessment.
Participants who score less than 60% in the final assessment or do not attempt it, will receive a Certificate of Participation in the
program name without the Professional Certificate Badge.

*Disclaimer: Terms & Conditions apply on all scholarship benefits. NAL Academy reserves the right to revise, suspend, or withdraw the scholarship scheme at its sole discretion.


PROGRAM FEES

₹ 24,000/-

+ GST

Includes: 16 hours of Live Online Sessions + Access to
Recordings for 6 months (through LMS) + Capstone Project



Contact us for more information and corporate pricing

📞 +91 7418954716
📞 +91 8080533088
✉️ gen_pdp@nse.co.in

NAL Academy

National Stock Exchange of India Ltd.
Ashok Silk Mills Compound,
202, L.B.S. Marg,
Ghatkopar West, Mumbai
Maharashtra – 400086

About NAL Academy

NAL Academy Limited is a wholly-owned subsidiary of the National Stock Exchange of India Limited (NSE).

NAL Academy enables the next generation of BFSI and FinTech professionals to acquire industry-aligned skills – through capacity-building programs and certification courses, powered by an online examination and certification system. The courses are well-researched and carefully crafted with inputs from industry professionals.

NAL Academy works closely with reputed universities and institutions across India in building a competent workforce for the future of BFSI and FinTech. NAL Academy also promotes financial education as an essential life skill among youngsters – a contribution towards financial inclusion and wellbeing.

DISCLAIMER