MERGERS, ACQUISITIONS & CORPORATE RESTRUCTURING Revision | CA/CMA Final AFM/SFM | Ajay Agarwal AIR 1

[@shashiranjanmahato6238]

Maturity is when you realise Ajay sir's revision video + concept notes + Question Bank 10 time better then Rs. 20000 wala classes.

[@muskantayal1656]

True

[@july5617]

Absolutely

[@naveenkumargautam4834]

True

[@smitasantuka9311]

Bilkul :')

[@abhishekmanral8501]

No doubt I didn't take any classes

[@girishbhattar2770]

1:35 Meaning 7:20 Basics of M&A 28:45 No of shares of Acquirer to be issued to shareholders of Target Co 59:15 Book Value after Merger 1:07:15 Earnings after Merger 1:11:35 Market Value after Merger 1:45:00 Value of Original Shareholders 1:49:10 Maximum exchange ratio acceptable to Acquirer Co 2:03:15 Minimum exchange ratio acceptable to Target Co 2:10:25 Cash to be paid to shareholders of Target Co 2:13:35 Book Value after Merger 2:14:55 Earnings after Merger 2:19:10 Market Value after Merger 2:24:05 Maximum Cash per share acceptable to Acquirer Co 2:27:00 Minimum Cash per share acceptable to Target Co 2:31:40 Value of Acquisition 2:34:10 Financial feasibility of Acquisition 2:38:40 Demerger 2:45:20 Reconstruction 2:55:00 Stock split up 2:58:30 Bonus Issue 3:04:35 Equity buyback 3:11:25 Questions

[@shashiranjanmahato6238]

Thankyou bhai

[@NikithaPJain]

So thankful for this

[@SakshiPalande.]

Thankyou @girishbhattar2770

[@kaustubhdherge2264]

Thank you

[@divyashreea2151]

Thank you so much.

[@CA_Mansi]

Smile on his face , when he said yeh krlo sbb solve ho jyega ... Gives different type of sukun... High respect sir 🎉❤

[@AdityaGupta-my7uz]

And his confidence of, ye to faltu ka topic😅 ye nhi ayega

[@pranavdhale6755]

And solve ho jata hai 😌

[@tanutripathi9011]

56:30 Promoter's holding in Merged entity 59:13 Post Merger BV & BVPS 1:07:10 Earnings post merger & EPSat 1:10:10 Synergy in earnings meaning 1:11:36 Post Merger MV & Mkt Capitalisation 1:50:05 Max ER acceptable to acq 3:19:43 Q.16 3:21:54 Q.30 Cash offer 3:24:32 Q.34 Min cash for promoter's holding 3:26:40 Q.35 Vt by Cash flow model 3:28:02 Q.37 Demerger (Fortune Pharma) 3:31:23 Q.41 Equity BB (High growth ltd.)

[@kalyanprivate4523]

Itna concept clarity hai tabhi toh AIR1 mila.. Thank you ao much Ajay Sir for making these chapters easy for all

[@madhusudhan6766]

U know what's success,,, making ur haters as ur fans... u literally made it to me sir,,, i really used to hate u brothers for no reason, but once i gave a look into this class, and i was mistaken. U made mergers and acquisitions like a flow,, the sum were just going on and on didn't stuck anywhere which i used to normally. Leason learned: You shouldn't hate someone without looking into them🙏🙏🙏

[@TheNextSmallThing]

Well, idk if I should put it here, but okay, I'm sharing... When they topped the CA final examination and the statement made headlines that CA is easier than Class 10th, even I hated them and almost everyone from the CA fraternity trolled them. But hats off to Atul, he made every effort to prove his statement correct and trust me, the way they have concise each everything in the concept notes & revision videos, it's just commendable..... Idk what I would have done without these guys.

[@hema7285]

U have raised the bar of making revision videos👏👏 ..so conceptually and authentic converage.Thank you sir..❤

[@parthrajsinh5869]

3:13:21 bvps reserve 450 & bonus & split 3:14:19 swap ration npa negative prelim exp. Car ratio risk weighted asst. 3:15:35 exch. Ratio & considern given 2:1 based on mkt. Price net cons. Payable 3:17:19 inventory t/o ratio debtor t/o ratio 3:18:45 post merger mkt. Value & pe ratio same 3:19:25 p/e ratio unchanged 3:19:39 adversely affected p/e ratio 3:20:20 no p/e ratio Va Vt Ignore synergy 3:21:01 max. Exch. Ratio 3:21:40 cash offer + share offer div. Growth va vt (calclated value) 3:24:37 cash price w/o dilun of mps promoter mgmt minimum demand 3:26:40 vat calculated value 3:27:02 financial feasibility 3:27:11 p& equpmt 😂😂see if u need 3:28:12 fortune demerger 3:31:16 equity b.b. reverse calculn loan int. 3:33:48 b.b. surplus rs. No loan

[@yamin_bhoira]

Time Stamps 56:30 Promoter's holding in Merged entity 59:13 Post Merger BV & BVPS 1:07:10 Earnings post merger & EPSat 1:10:10 Synergy in earnings meaning 1:11:36 Post Merger MV & Mkt Capitalisation 1:50:05 Max ER acceptable to acq 3:19:43 Q.16 3:21:54 Q.30 Cash offer 3:24:32 Q.34 Min cash for promoter's holding 3:26:40 Q.35 Vt by Cash flow model 3:28:02 Q.37 Demerger (Fortune Pharma) 3:31:23 Q.41 Equity BB (High growth ltd.) Points for me to remember : Total Gains from Merger (Acquisition) = Basically Synergy 1:39:00 1:43:15 - True Cost of Merger (Net cost of Acquisition or Cost of Takeover) 1:45:28 - Value of original Shareholders

[@vishalmaru7241]

Thanks❤

[@Muskan-ln7ry]

Thank you

[@manalijain1558]

oh my god! this is the best revision video i have ever come across, feels like learning sfm from scratch.

[@vinodhinikrishnamoorthy6385]

AIR 1 FOR A REASON. Utmost respect to your knowledge sir! Thanks a lot.

[@smitasantuka9311]

Bekaar ke ghatiya faculties aise important chapters ko "pre-recorded available on software" karke 5 saal puraana video chepte hain! Aur padhne mein bhi maut aati hai firr unse. Itna sahi revision video hai yeh ki kya batayein.🙏 V well taught. Thank you, sir!

[@shrutibhattar3762]

Bikul sach bola hai

[@ektamaheshwari5196]

Your teaching made this chapter feel like a breeze, chapter covering only the basic concepts of AFM. After watching this revision video, I realized that everything is just fundamental and flows seamlessly. Thank you, Sir!

[@navrajtharu37]

Completed whole AFM just with your revision classes, notes and Question Bank. I have solved all the QB without any single issue in any chapter. This wasn’t possible without your efforts and such deep teaching method even in revision lectures also. I have also taken your FR classess which is also a top notch❤. You both aggarwal brothers are really a great gift to the CA final students.

[@pranoti_prakash5481]

How did you manage to solve questions?

[@tanvi9862]

These glasses give you a smarter look than the usual Black frame, Ajay Sir 🤓 Thank you so much for Revision Videos!

[@deepanshusharma8455]

Radhe Radhe Itne zyada acche se btaya h aapne ki ab koi doubt nahi bacha iss chapter m Thank you so much sir

[@Lifetube89]

Seriously hatss off to the explanation Ajay sir❤❤❤...lots of love...❤❤ Because of you, SFM became super easy....and thanks for helping students 😊

[@caawaneeshjha0101]

Thanks sir apke revision video mujhe CA banne me bahut help Kari....Radhe radhe

[@JiaRakessh]

The way you teach FR and AFM is really commendable 💯🙏 The way you explain each n every concept with the smile on your face ... The efforts you put for the students 🙌 ....really really grateful for it ...also you think about other students too which no one thinks abt Thankyou so much for your efforts and also for solving the questions Radhe Radhe Har Har Mahadev 🔱💓

[@starsandmoon8292]

You make the concept so understandable for an average student like me too. Thankyou Sir😊 You simply are best.

[@SakshiSingh-xf3eo]

Okay, let me write this here. I took classes from one of most famous faculty, he taught so many things without any following any sequence. 3 months back i was too worried of this subject bcoz i could not recall anything which i studied from that faculty also the notes were very confusing (didn't relaise all this at the time of watching lectures) i felt too lost. Then, I watched your revision lectures and solved ICAI's questions. now this is the second time i am revising this subject and i think this is my strongest subject just bcoz the way you taught. I am so so so happy. Thank you so much :)

[@poojasingal84]

Really appreciated.. your way of segregating all the large concepts is phenomenal..

[@pallavishilare9192]

Thank u so much sir....sir please upload capital budgeting also...I am big fan of u and Atul sir...🙏

[@chahat_nimbark]

Isse aasan koi topic nai hai!!! Thank you so much sir ! You are the best ! Radhe Radhe🙏😇

[@radhabhutada1101]

Watched the complete lecture 2 days before and i really got my concepts clear!! Thank you so much sir!!!!

[@DipS-o8t]

Everything is temporary, but uttering ' radhe radhe' at beginning is permanent ❤❤❤❤

[@manasphadke782]

Ajay sir's concept notes for SFM were good. but his new concept notes for AFM are spot on !!!

[@dhwaniraithatha]

Most awaited revision lecture 😇 Radhe Radhe 🙏 Thank you Sir 🙂

[@Diwakar_Bagdi]

Most effective and value adding revision videos unlike other faculties just passing time and no value addition

[@muskankataria5777]

Thank you very much sir Literally you have made AFM so simple to understand 🙏☺️

[@saurabhchajju]

Ajay bhaiya and atul bhaiya understood the basic needs of CA students... What they actually need and that's what matters the most.

[@aveekdas6343]

Video bahut accha laga.Thanks bro.

[@dhruvkalsariya3064]

Sir aapka level hi alag hai Kitni misconceptions ke saath ab tak Q-A solve kar raha tha Ab real concept samaj main aaye Thank you so much for revision video Radhe Radhe ❤❤❤

[@PA-ei3fy]

Sir thank u so much Apne bahut choti choti cheejo ka dhyan rakha he video me samjhana ka Thanks a lot 🙏

[@PA-ei3fy]

Radhe Radhe Sir ! 😇🙏

[@neerajvishwakarma179]

Your Question banks and concept notes are amazing . 🙏So greatfull to learn from you .

[@farhatazad21]

Thank you sir you are improved and updated version of all experienced faculties

[@kartikmahajan2683]

Your hardwork is reflected in the vedios and notes.. Thank you so much ❤ Radhe Radhe❤

[@roshniranch2020]

Till now i used to skip this chapter becaz i was scared but today i started with the hope tht atleast i would crack mcqs but ended up having complete clarity and able to complete all the questions from question bank.... Thank you soooo much....

[@Student35928]

25:11 Market Capitalisation 48:06 step 2 note 1 exchange ratio 59:15 BVPS

[@ramankapoor8054]

Sir, maja aagya revise karke, literally, i'm doing this chapter, 1st time from this revision video. Sab ache se, samaj aagya. Thank you so much sir🤓🤓

[@vaibhavsharma4390]

the best thing I like about both the Agwl Brothers is that they reply to your queries on telegram whether you have taken classes from them or not, and not like other faculties joh classes lene ke baad bhi nahi dete. Even the slightest of the doubt is replied. G2 cleared (DT full credit to BB sir and Atul bhai as he used to reply to all the doubts I used to have in spite of me not taking his classes and using the Qb and concept notes which helped in chapters such as Nr taxation, Double taxation, Mat, AMT, Charitable trust)

[@vaibhavsharma4390]

Currently watching Rev Videos and using concept notes + QB of Ajay bhai and getting a better understanding which I could not get after taking classes of renowned faculties. Thank you bhai for the revision videos. they are wholesome and almost equal to classes.

[@Aashish_Patil]

Thanks first of all!! Abbreviations used in this chapter were confusing. I watched old revision video from old notes and I felt better. Hope it helps!! 🤞

[@im_ishika]

Thankyou so much Ajay Sir....this revision video is so conceptual and logical...after watching this video..all the questions of QB were so easy to solve "bina ruke har ek ques ho gya". Thankyou so much sir 🙏🏻

[@ritikajadwani908]

1:11:35 Market Value after Merger 1:32:40 - N (t ), total gain = total loss if no synergy in earnings 1:37:30 - till end (wtch)

[@muskangulati4549]

I always feel grateful bcz i found ur revision videos n a teacher like u...but also feel so bad for my choices of taking class of other faculties and wasting so much of time n money😢 Ur question bank notes and ofcz these lectures make me post comment on every lecture of urs❤❤ Thanku so much Sir...Radhe Radhe ❤

[@Manish-g1l1d]

Same here I also wasted 20000 rupees for so called famous teacher.😔 Jitna unke 10 lecture m smjh ni aaya usse 100 times better 3 ghante m smjh aa gya.. Thanks to Ajay Aggarwal sir❤️

[@rishabhgamingyt360]

Best Revision Video Ever. Thank You Sir 🙏

[@amitkumardhankhar1292]

Zabardast h boss concept clarity Thanks ab apni glti smj aayi h 😅🎉🎉❤❤❤

[@lingalasivanandhareddy1667]

Thank you sir🎉🎉🎉🎉🎉

[@sakshijain5857]

Radhe Radhe sir.🙏.... thanks you so much sir...🙏🙏🥺 No one like uhh sir...🙏

[@akhilakki3542]

1:11:36.....watch this point.....even though u didnt watch the video....imp for exam

[@akshitjain8587]

Radhe Radhe Sir 🙏 Bahut darr lag raha tha AFM se... aapne bahut easy aur simplify kar diya hai sab kuch . Ab saara darr khatam ho chuka hai. Thank you so much Sir ❤

[@financeandfootprints]

Thank you so much Ajay sir for your amazing AFM revision lectures, marathons, ABC analysis, Important questions list and thorough guidance. I'm a CA now in May 24 attempt. AFM se mujhe dar tha, par aapne wo dar khatm kr dia sir! Aspirants who are watching this: I'd highly recommend Ajay sir as a Go To for AFM! All the best! Radhe Radhe!

[@privatelypuja]

Hi, Kindly suggest for FR too?

[@financeandfootprints]

@@privatelypuja Ajay Sir

[@uditibatra9204]

Thanks a lot for the exam-oriented concept clarity. Saviour videos 🙌

[@SahilDarji.33]

Thanks alot Sir! Blessed to have teacher like you!🙌

[@vaidyanatheaswaran4252]

Sir aapke revision video+ Notes + QB - ek no. Waise isse padne k baad mujhe bhi sab topic kachra lagenge😂😂😂

[@shivamrawat678]

Sir legit bht achaw revision ❤ Its a blessing ✅

[@dhruvkalsariya3064]

Sir aapke video ke bicha main advertisement nahi aati hai I have observed this thing Salute to you sir ❤❤❤ Baki sab ke revision videos main advertisement aati hai bicha bicha maib

[@dhruvkalsariya3064]

@@gurpreetnokwal matlab lecture ke end agar aani ho to last main aati hai baki Bicha main interrupt nahi hota

[@ayushipatel8842]

Thanks for these revision videos sir. Really helpful💯

[@tanishagarg_]

Thankyou so much Sir for these revision videos. Really helpful for conceptual clarity. Also your concept notes and question bank brings confidence.

[@ektajain3983]

Worth watching. Thanks for the help 🎉

[@pritysingh9889]

Thank u so much sir for making it easy for us by putting lots of efforts God bless u sir 😊

[@pranitagosavi5994]

Best Faculty for AFM indeed 💯Thanku for the revision lectures sir.

[@AnshGupta-yv3ye]

Radhe Radhe 🙏❤ Thank you so much sir 😇

[@v.praveenkumar7842]

00:28:40 PART II : MERGERS AND ACQUISITIONS THROUGH SHARES OFFER

[@priyasengunthar1627]

Thanku so much sir for this superb revision... Aur aap jo bolte ho na, ki extra dimag lagane wale jo sochte honge, wo sunke khulke hasi aa jati hai... Like Co. Kharid k saare lib pay kar di, aur saare asset bech di, tho Co. Kharidi hi kyu thi jakmarne k liye.... Ultimate sir 😂😂😂

[@pavanwadhwani2907]

Sir After An year I am studying this subject for the Exam and your method of delivering the concept is amzing "Raadhe Raadhe"

[@kashikasharma3862]

Bestest ca faculty ever jaipurites are proud of you sir🎉😊😊

[@The_Rajat_Solanki]

I regret taking lectures from another faculty.... Ajay sir is the best in AFM ... thnk you for these revision videos...

[@yourstruly8492]

❤❤❤❤❤ amazing sir. Thankyou so much ❤❤

[@vedanshjaipuriya]

Thank you sir. Inter mei saare chote chote adjustments dhundke khud note karke rakhne padte the. Final mei to aapne already kar diya. thank you so much.

[@divyaphundwani2727]

Thank you sir for this revision lecture ❤

[@sharadhareddy4852]

Only one word.."Best"🙏

[@bhawukarora]

after this lecture all concepts are crystal cleared

[@NitishSharma-z1p]

Thank you sir! For such Deep revision ❤

[@SHPATEL2113]

Very Helpful Sir ❤️ Thanks For Your Efforts🤗

[@ranjeetakaur7272]

The lectures are good... After your notes am able to solve all the questions of study mat. Really helpful

[@RajatSachdeva-b1o]

Thank you for this amazing video Sir !!!

[@amanlohani6944]

Great Lecture sir. AIR 1 for a reason Sir

[@tejaswadher]

Thank you sir for wonderful revision lecture...Radhe Radhe

[@VishalAManglani]

sir video ekdam zabardast. Thanks a lot for providing the best concept notes. Will be very useful for last minute revision.

[@Rafey124]

Starting 45minute I realized notes r awsome

[@akshayhabib2623]

Thanks you soo much sir ! Appke revision videos ko koi bhi match nhi kar payega

[@arunbhandari9324]

Just refering your revision lectures and notes, yet feeling good about understanding and covergae. Well structered and standarized way of teaching. Thanks to u, brothers🎉

[@obaidqureshi5785]

Quick tip to lose ₹20,000: Buy Aditya Jain's CA Final AFM course.

[@ishanhardia]

Sanjay Saraf's too

[@Manish-g1l1d]

😂😂😂😂

[@AmitGupta76762]

Thank you sir for the revision lecture. It really helped a lot.

[@sandeeppoudel2223]

non competitive ...... AIR 1 not only in Icai's record but also in industry..... sir aap concept samjhaane me vi ALL INDIA RANK 1 hi ho RADHE RADHE

[@riya11th55]

These are of great help

[@vanitagharaniya3191]

Thanks sir for your efforts. Its very helpful

[@naveenkumargautam4834]

Thankyou so much Sir❤

[@palakmadaan2631]

Thank you so much sir most awaited lecture Radhe Radhe ❤

[@rajukumardhivar544]

ES BAR KA NOTES AND LECTURE KA LEVEL ALG LEVEL KA DESIN KIYA HE OSM THANK YOU

[@Rupali_ostwal]

Thankyou sir best revision lecture indeed

[@minaxithakkar8791]

sir i did m&a minimum 15time and i had queries and i jst ratta for this things and doing revision by u and cleared my all doubt and u specifically in detail in point on which m not cleared thanks sir for clearing my all doubt and solve my all rattafication❤

[@ankitprajapati8924]

Superb coverage. Able to understand even at 2x speed. Radhe Radhe 🙏

[@poojahonrao9108]

Very nice explanation ❤❤

[@knowledgeworld7567]

Thanks sir for this revision❤

[@ayushagarwal7359]

iss accha explained detailed video nahi hai market mein, best one

[@AIR1inFun]

Thankyou so much sir please upload security valuation also

[@ritikasharma-re9tu]

radhe radhe sir😊very good lecture😊

[@Steamoffinance]

Thanks Ajay sir❤