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Merchant banking

This query is : Resolved 

29 January 2014 categories of merchant bankers

30 January 2014 a) Category I, that is—
(i) to carry on any activity of the issue management, which will, inter alia,
consist of preparation of prospectus and other information relating to the
issue, determining financial structure, tie up of financiers and final allotment
and refund of the subscriptions; and
(ii) to act as adviser, consultant, manager, underwriter, portfolio manager;
(b) Category II, that is to act as adviser, consultant, co-manager, underwriter,
portfolio manager;
(c) Category III, that is to act as underwriter, adviser, consultant to an issue;
(d) Category IV, that is to act only as adviser or consultant to an issue.



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