NISM-Series IX: Merchant Banking Certification Exam Notes
Page 33 Of 79
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Offer Document: Final document with all material disclosures for investors.
Minimum Subscription: Minimum applications required for an issue to proceed.
Allotment: Allocation of securities to applicants post-issue.
Underwriting: Agreement to subscribe to unsold securities in an issue.
Lead Manager: Merchant banker leading the issue management process.
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