The Initial Public Offering Price is the price at which the stock is going to be offered to the public. The determination of initial public offering p....
An initial public offering for sale of equity shares or any other security convertible into equity shares can be made by an unlisted company subject t....
The issue procedure, the subject matter of DIP guidelines deals with the following:- Eligibility norms Pricing of issues Promoters contribution and....
The SEBI has issued Disclosure and Investor Protection (DIP) guidelines as ground rules relating to new issue procedure/activities. The purposes for w....
Definition Portfolio means the total holdings of securities of a person. Portfolio managers are persons who in pursuance of a contract/arrangement wi....
Definition “Debenture trustee is a trustee for a trust deed needed for securing any issue of debentures by a company/body corporate or any private ....
Functions of Registrar to an issue The Registrar to an issue, in the capacity of an intermediary in the primary market carryon the following activiti....
Meaning Brokers are the persons mainly concerned with procurement of subscription to the issue from the prospective investors.....
Meaning Bankers to an issue are engaged in the following activities:- Acceptance of applications from the investors in respect of issues of capital,....
Underwriters to issue of capital are one of the important intermediaries in the new issue/primary market. They agree to take up securities which are n....
“In a syndicate, an underwriting firm immediately subordinate to the managing underwriter. A syndicate is a group of underwriters responsible for pl....
Definition “A Merchant Banker means any person who is engaged in thebusiness of issue management either by making arrangements regarding selling, b....
The origin of Merchant Banking is Italy. The Italian grain merchants provided funds for commodity traders and cargo owners. Their other activities wer....
There are many challenges to the financial sector reforms such as:....
According to a report by the Boston Consulting Group (BCG) India, prepared in association with a leading industry organisation and Indian Banks Associ....
In its Budget for 2012-13, the Government has earmarked a capital of Rs 15,888 crore (US$ 3.11 billion) to be infused in public sector banks, regional....
India has launched the country’s first domestic payment card network, RuPay, to compete with multinational Visa Inc. and MasterCard Inc. The new dev....
In the last two decades, the enormous changes have taken place in the development of financial services. Some important determinant factors are the ca....