https://www.taxtmi.com/circulars?id=61968 Permits companies to conduct initial public offers via an on-line stock exchange system for fixed-price issues, subject to an agreement with exchange(s), appointment of SEBI-registered brokers as collection centres, a Registrar with electronic connectivity, disclosure of intermediaries, escrow account procedures for brokers, broker financial responsibility for client defaults, daily forwarding of valid order data, fair basis of allocation, mechanisms for refund and allotment including dematerialisation, record retention, and SEBI/exchange inspection and supervision. en-us Thu, 30 Nov 2000 00:00:00 +0530 Wed, 24 Jul 2019 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61968 Permits companies to conduct initial public offers via an on-line stock exchange system for fixed-price issues, subject to an agreement with exchange(s), appointment of SEBI-registered brokers as collection centres, a Registrar with electronic connectivity, disclosure of intermediaries, escrow account procedures for brokers, broker financial responsibility for client defaults, daily forwarding of valid order data, fair basis of allocation, mechanisms for refund and allotment including dematerialisation, record retention, and SEBI/exchange inspection and supervision. Circulars SEBI Thu, 30 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61968