NISM-Series IX: Merchant Banking Certification Exam Notes

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  • Due Diligence Standards: Follow AIBI’s Due Diligence Manual.
  • Preferential Issue Limits: Restricted to specified investor categories.
  • QIP Minimum Allottees: At least 2 for issues up to ₹250 crore.
  • Rights Issue Lock-in: Not applicable for fast-track issues.
  • IDR Redemption: Subject to terms specified in offer document.

NISM Merchant Banking

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