Ranchi, Jharkhand 16 February 2014 :: Plutus ‘14’ is a finance club event held today under the umbrella of college fest “Arcenciel 2014”. Team DNA, IIM Ranchi declared winner & Team Finsomaniacs, SIBM Pune was Runners up where as Team Shillong Warriors, IIM Shillong was declared second runners up
First round was case study on “SKS Microfinance” where participants needed to evaluate the problems faced by the company and suggest the optimal capital structure for its survival. Teams were given only one and half for solving the case study. Teams did a wonderful job considering the time constraint. Second round was Valuation challenge. Teams were given ‘TYRE’ sector to research 15 days prior to the event and were asked to choose a company in that sector and go on to value that company. The event needed participants to do thorough research including industry analysis, competitor’s analysis and risks associated with the company etc. We witnessed a fierce competition among teams and saw some amazing presentations. In the end, it was a wonderful learning experience to all of us and hope to conduct more events like Plutus ‘14’ in the near future.
Results of Plutus’14 :
Winners: Team DNA, IIM Ranchi (Rs. 25,000)
Runners up: Team Finsomaniacs, SIBM Pune (Rs.10,000)
2nd Runners up: Team Shillong Warriors, IIM Shillong (Rs.5000)