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Monitoring Agency Services

In case of public issues exceeding Rs.500 crores or wherever the regulatory feels the requirement, the issuer shall make arrangements by appointing an Agency to monitor the end use of proceeds of the issue.

Our Bank is extending the Services of Monitoring Agency to various Issuers, who are approaching capital markets to raise funds through IPO route and falls under this Category as per SEBI guidelines.

Previous Mandates:

  • Kernex Micro Systems (India) Ltd.

  • Royal Orchid Hotels Ltd.

  • Lokesh Machines Ltd.

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