https://www.taxtmi.com/acts?id=35956 The post-issue lead merchant banker must submit prescribed monitoring reports and a due diligence certificate, actively supervise allotment, refunds, despatch and investor grievance redressal, coordinate with registrars, bankers and underwriters, ensure bankers release funds only after listing permission, publish post-issue advertisements disclosing oversubscription and basis of allotment within prescribed timelines, and finalise a fair basis of allotment on a proportionate basis with retail reservation and required signatures; the lead banker remains responsible until subscribers receive securities or refunds and listing/trading permissions are obtained. en-us Tue, 05 Feb 2019 11:26:06 +0530 Tue, 05 Feb 2019 11:26:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35956 The post-issue lead merchant banker must submit prescribed monitoring reports and a due diligence certificate, actively supervise allotment, refunds, despatch and investor grievance redressal, coordinate with registrars, bankers and underwriters, ensure bankers release funds only after listing permission, publish post-issue advertisements disclosing oversubscription and basis of allotment within prescribed timelines, and finalise a fair basis of allotment on a proportionate basis with retail reservation and required signatures; the lead banker remains responsible until subscribers receive securities or refunds and listing/trading permissions are obtained. Act-Rules SEBI Tue, 05 Feb 2019 11:26:06 +0530 https://www.taxtmi.com/acts?id=35956