Post-issue monitoring: mandatory lead merchant banker reports on subscription, allotment, refunds and listing compliance. Post-issue monitoring mandates that the Lead Merchant Banker submit prescribed monitoring reports recording issuer identity, issue dates, instrument nature and issue size, promoters' contribution, provisional and final subscription statistics, bank and branch collecting details, reserved-category breakdowns, allotment finalisation and dispatch dates for refunds and certificates, underwriter and devolvement details for undersubscriptions, refund banker particulars and transfer dates, listing application and permission dates, reasons for delays, and certification by registrars, company and lead banker.