A Banker to an Issue means a Scheduled Bank carrying on all or any of the following issue related activities namely:
- acceptance of application and application monies;
- acceptance of allotment or call monies;
- refund of application monies;
- payment of dividend or interest warrants.
Our Bank has acted as Bankers to issue for more than 100 Equity/Debt issues includes IDBI, ICICI, Krishna Bhagya Jala Nigam Ltd, APIDC, A P Power Finance Corp. Ltd etc. With Pan India presence of our network and fully computerised atmosphere (Core Banking Solutions), covering all Metros and important towns, our Bank provides Escrow Collection services and Refund Bank services related to Initial Public Offer (IPO), Follow-On Public Offering (FPO) , Rights Issue of Equity / Debt papers.
We also provide Interest and Dividend payout services to corporates. Our constant endeavour is to provide hassle-free experience for the customer with our cut edge technology based payment solutions.
For Business enquires please contact:
Assistant General Manager,
Merchant Banking Department,
Head Office, Hyderabad
Grievances Redressal e-mail Address: email@example.com