Lead manager pays an integral role in the success of an IPO. Lead managers are appointed by a company while coming out with an IPO and their role is extensive in the pre-issue and the post-issue process.
Pre-issue role of a lead manager includes:
a. Due diligence of the company
b. Preparing the draft prospectus
c. Advertising the issue and related details
d. Compliance with the regulations with ROC, SEBI, and other stock exchanges.
e. Drawing up marketing strategies for the IPO
f. Appointing the various intermediaries for the IPO like the merchant banker, Registrar for the IPO, advertisers for the IPO, etc.
Post-issue role of a lead manager includes:
a. Managing the escrow accounts
b. Co-ordinating with the non-institutional investors
c. Intimation of the allocation of securities
d. Issuing refunds to the bidders if applicable
e. Finalizing the listing of shares on stock exchanges
f. Transfer of shares in the Demat account of investors
A PPF calculator is an online tool that helps you calculate the maturity amount at…
Non-resident Indians are not allowed to open a new PPF account. However, if a resident…
PPF rules do not allow joint accounts. An account can only be opened in the…
After the maturity of the PPF account, you have the option to extend it for…
From the 7th financial year onwards, you can make partial withdrawals from your PPF account.…