Custodians are institutional intermediaries who are authorized to hold funds and securities on behalf of large institutional investors such as banks, insurance companies, mutual funds and foreign portfolio investors. They settle the secondary market trades for institutional investors. Several Custodians are also clearing members and clearing banks of the Exchange and manage both funds and securities settlement.
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Securities issued to existing investors as on a specific cut-off date, enabling them to buy more securities at a specific price.
The total market value of a Company, calculated by multiplying the number of shares issued and outstanding by their current market price.
An order to buy or sell a specified number of shares when a specified price is reached.
The excess subscription amount received by the company in case of an oversubscribed IPO is called oversubscription.