Case Study: XYZ Ltd. is planning to make a public issue of its shares ...
When considering investing in XYZ Ltd.'s public issue of shares in the primary market, the intermediary that can provide you with detailed information about the company's track record and financial performance is the Registrar of Companies (ROC), as indicated by option (A). The ROC is responsible for maintaining official records of companies' financial statements, annual reports, and other relevant documents. These records offer valuable insights into the company's historical performance, financial health, and operations. By accessing information from the ROC, investors can gain a comprehensive understanding of XYZ Ltd.'s past performance and make more informed decisions about participating in the public issue. Unlike the other options, such as Foreign Exchange Dealers Association of India (FEDAI), National Stock Exchange (NSE), and Credit Rating Agency (CRA), which may offer different types of information but not specifically comprehensive historical financial data, the ROC's records serve as a reliable source for evaluating a company's financial track record.
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Case Study: XYZ Ltd. is planning to make a public issue of its shares ...
Registrar of Companies (ROC)
The Registrar of Companies (ROC) is the intermediary that can provide detailed information about XYZ Ltd. as it is the official government body responsible for regulating and keeping records of companies in India. Here's why ROC is the right choice:
- Track Record: The ROC maintains all the important documents and information related to XYZ Ltd., including its incorporation details, annual filings, changes in shareholding, financial statements, and more.
- Financial Performance: As an investor, you can access XYZ Ltd.'s financial performance data such as profit and loss statements, balance sheets, cash flow statements, and auditor reports by requesting information from the ROC.
- Verification: By obtaining information from the ROC, you can verify the authenticity of XYZ Ltd.'s claims and ensure that the company is compliant with all legal requirements and regulations.
- Transparency: The ROC ensures transparency in the corporate sector by making company information accessible to the public, which helps investors make informed decisions before investing in XYZ Ltd.
In conclusion, if you want to know the track record and financial performance of XYZ Ltd. before investing in its public issue, the Registrar of Companies (ROC) is the intermediary that can provide you with comprehensive and reliable information about the company.