They are members of stock exchanges, appointed to facilitate the collection of application forms and bids, also referred to as Syndicate Members. They are paid a commission for their role depending upon their collection.
You may also like
Shares issued by companies to their shareholders free of cost by capitalization of accumulated reserves from the profits earned in the earlier […]
A bond is a fixed income security that denotes the loan taken by the issuer from the investor that is repayable with […]
New shares issued by a Company to public investors resulting in an increase in share capital of the company.
Existing promotors or financial institutions offering a part of their holding to the public investors. Since the Company is not issuing any […]