The entity appointed by an Issuer to carry on the activities of collecting applications from investors in respect of an issue; keeping a proper record of applications and monies received from investors or paid to the seller of the securities and assisting the Issuer in determining the basis of allotment of securities in consultation with the stock exchange; finalising of the list of persons entitled to allotment of securities; processing and despatching allotment letters, refund orders or certificates and other related documents in respect of the issue.
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They are members of stock exchanges, appointed to facilitate the collection of application forms and bids, also referred to as Syndicate Members. […]
Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated […]
Bid refers to the price one is willing to pay for a security.
An order that is placed for execution, if possible, during only one trading session. If the order cannot be executed that day […]