Investment in IPOs in the Indian Capital Market ← Ittech

Investment in IPOs in the Indian Capital Market ← Ittech.The issuer company is also required to appoint eligible merchant banker(s) as book runner(s) and their names should be made in the draft prospectus. The lead merchant banker should act as the lead book runner and the other eligible merchant bankers may function as co-book runners. In case the issuer company appoints more than one book runner, the name of all such book runners who have submitted the due diligence certificate to the SEBI may be mentioned on the front cover page of the prospectus. A disclosure to the effect that ‘the investors may contact any of such book runners for any complaint pertaining to the issue’ should be made in the prospectus after the risk factors.

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