NISM-Series IX: Merchant Banking Certification Exam Notes

Page 48 Of 79

Go to:

  • Shelf Prospectus Usage: For multiple issues over time by eligible issuers.
  • Red Herring Prospectus: Used in book-built issues, lacks final price details.
  • Abridged Prospectus: Provided with application forms for investor convenience.
  • Lock-in Requirements: Apply to promoters’ shares post-issue.
  • Issue Expenses: Disclosed in offer document, borne by issuer.

NISM Merchant Banking

Copyright 2025 - MODELEXAM MODELEXAM®