Moneycontrol
Get App
YOU ARE HERE > Moneycontrol > IPO > Glossary

IPO

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Bankers to the Issue

Bankers to the issue, as the name suggests, carries out all the activities of ensuring that the funds are collected and transferred to the Escrow accounts. The Lead Merchant Banker shall ensure that Bankers to the Issue are appointed in all the mandatory collection centers as specified in DIP (Disclosure and Investment Protection) Guidelines 2000. The LM also ensures follow-up with bankers to the issue to get quick estimates of collection and advising the issuer about closure of the issue, based on the correct figures.

Other Sections
Sections
Follow us on
Available On
PCI DSS Compliant