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Who is eligible to be a merchant banker in an IPO?
A merchant banker possessing a valid Sebi registration in accordance with the Sebi (Merchant Bankers) Regulations, 1992 is eligible to act as a Book Running Lead Manager (BRLM) to an issue.
The issuer company engages the Sebi registered merchant banker to prepare the offer document. Besides due diligence in preparing the offer document, the merchant banker is also responsible for ensuring legal…
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Who is eligible to be a merchant banker in an IPO?
A merchant banker possessing a valid Sebi registration in accordance with the Sebi (Merchant Bankers) Regulations, 1992 is eligible to act as a Book Running Lead Manager (BRLM) to an issue.
The issuer company engages the Sebi registered merchant banker to prepare the offer document. Besides due diligence in preparing the offer document, the merchant banker is also responsible for ensuring legal…
View On WordPress
