What role does the registrar play in context to IPO?
V
Vinisha Singh
started a topic
4 months ago
Registrar
of a public issue is a prime body in processing IPO's. They are independent
financial institution registered with SEBI and stock exchanges. They are
appointed by the company going public. Responsibility of a registrar for an IPO
is mainly involves processing of IPO applications, allocate shares to
applicants based on SEBI guidelines, process refunds through ECS or cheque and
transfer allocated shares to investors Demat accounts.
Vinisha Singh
Registrar of a public issue is a prime body in processing IPO's. They are independent financial institution registered with SEBI and stock exchanges. They are appointed by the company going public. Responsibility of a registrar for an IPO is mainly involves processing of IPO applications, allocate shares to applicants based on SEBI guidelines, process refunds through ECS or cheque and transfer allocated shares to investors Demat accounts.