NISM-Series IX: Merchant Banking Certification Exam Notes
Page 40 Of 79
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Over-Subscription: Applications exceeding the offered securities.
Refund Order: Issued to return money to unsuccessful applicants.
Issue Management Process: Involves planning, filing, marketing, and allotment of securities.
Offer Document Filing: Draft prospectus filed with SEBI and stock exchanges.
Public Comments: Draft offer document open for public comments for 7 days.
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