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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A security is financial instrument that represents some kind of financial value which can be traded.
Securities issued to an identified set of investors, on preferential terms. It may or may not be with a public issue or […]
A department of an Exchange or a separate legal entity that provides a range of services related to the clearing and settlement […]