Investment Banking: Analyzing the Prospectus of Windlab Limited

Running head: INVESTMENT BANKING
INVESTMENT BANKING
Name of the Student
Name of the University
Author Note

INVESTMENT BANKING1
Executive Summary
The purpose of this project is to prepare a report on the suitability of the investment by
analyzing the prospectus of Windlab Limited. The report clearly explains the concept of
capital market, initial public offerings and prospectus. It clearly analyses the report of the
company and has discussed about the company and its activities. The company’s growth plan
and the requirement of raising funds have also been discussed. Porter’s Five Forces Analysis
has showed the competitive position of the company in the market. The financial position in
relation to the sales and the cost has been done. Relative valuation has been done in order to
check the investment feasibility. The report ends by concluding that the prospectus of the
company is an essential before public offering as it helps the investors in taking decisions
related to investing in the company.

INVESTMENT BANKING2
Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................3
Company Overview...............................................................................................................3
Prospectus..............................................................................................................................4
Qualitative Components.........................................................................................................4
Porters Five Forces Model:....................................................................................................6
Revenue and Cost Analysis....................................................................................................7
Relative Valuation..................................................................................................................8
Conclusion..................................................................................................................................8
References and Bibliography...................................................................................................10

INVESTMENT BANKING3
Introduction
The financial system is a broad structure that performs a lot of function. The financial
system can be divided into two distinct parts – Money Market and the Capital Market (Vatn,
2015). This report deals with the activities of the capital market. Capital market is the place
where the savings and investments are channelized. There are people who have excess capital
and there are people who are in need of capital. The capital market therefore channelizes the
funds from those who have to those who need those funds. The capital market can be divided
into primary market and secondary market (Christensen, Hail & Leuz, 2016). The primary
market is the place where new securities are created and floated to the public for the first
time. One example of the primary market is the initial public offering, which constitute the
main discussion of this report. The secondary market is usually the stock market. After the
IPO a Company can again opt for issuing shares. In such cases, the securities are traded via
listing on the stock exchanges. In order to issue shares in the market, the companies need to
prepare a prospectus that will attract the customers (Souitaris et al., 2019). The main motive
of this report is to prepare a report on the suitability of the investment by analyzing the
prospectus of Windlab Limited.
Discussion
Company Overview
The company is a global renewable energy development company that was
established for commercializing the world leading modelling of atmosphere as well as
assessment of wind energy technology. It was developed by one of the premium research
institutes of Australia, the CSIRO. The company aims in developing, financing, constructing
and operating a high quality wind farms all over the world, with more certainty and less risks.