Loading...

IPO Registrar List in India

IPO Registrars are independent financial institutions registered with stock exchanges and appointed by the company going public for mainly to keep record of the issue and ownership of company shares.

Responsibility of a registrar at the time of IPO involves, processing of IPO applications, allocate shares to applicants based on SEBI guidelines, process refunds and transfer allocated shares to investors demat accounts.

Investors can contact the Registrar to the Issue in case of any pre-Issue or post-Issue related problems such as non-receipt of letters of allotment, credit of allotted shares in the respective beneficiary accounts, refund orders etc.

Role of Registrar in an IPO

A register for IPO plays different roles in different phases of the IPO.

  1. Pre IPO
    1. IPO planning and resource alignment.
    2. Informing Self-Certified Syndicate Bank (SCSB) of the IPO process and timelines.
  2. Between IPO Closure to Pre ListingĀ 
    1. Receive the final bid file from the exchanges.
    2. Validate the IPO application data.
    3. Coordinate with bankers to ensure that final collection certificates are received.
    4. Identify invalid applications to reject.
    5. Reconcile the banked bids with the Final Bid file.
    6. Prepare the basis of allotment with lead managers.
    7. Submit the basis for approval to the Stock Exchange.
    8. Process the allotment of shares.
    9. Send funds debit and funds unblocking files to SCSBs.
  3. Post Allotment
    1. Resolve all the customer complaints.

Note:

  • IPO count in the above table show data since year 2007.

1 Comments

1. Shrinarayan meena   I Like It. |Report Abuse|  Link|Feb 9, 2022 9:40:43 AMReply
Shri narayan meena