The important intermediaries/players in the new issue market are: 1. Merchant Bankers (Managers to the Issue) 2. Underwriters 3. Registrars to the Issue 4. Brokers to the Issue 5. Banker to the Issue 6. Syndicate Members. 1. Merchant Bankers (Managers to the Issue): SEBI regulations 1992 prescribes that all public issues should be managed by at least one merchant banker [...]
Basically, issues made by an Indian company can be classified as follows: 1. Public Issue 2. Private Placement 3. Rights Issue 4. Bonus Issue 5. Employees Stock Option Plan (ESOP). Method # 1. Public Issue: A public issue is an issue where anybody and everybody can subscribe for the securities. When an issue or offer of securities is made to [...]
The following steps are involved in the buying and selling of securities in a stock exchange:- 1. Selection of a Broker 2. Placing an Order 3. Making the Contact 4. Preparing Contract Note 5. Settlement of Transaction. Step # 1. Selection of a Broker and Opening a Trading Account: The purchase or sale of shares has to be made only [...]