plz tell me who are known as underwriters? in simply words
Answers were Sorted based on User's Feedback
Answer / rohit patel
when the shares of the company are issued for the first
time, 90% of the shares should be subscribed by the public
,if they are not subscribed then the particular company go
for underwriters who do the job of subscribing i.e give the
guarantee to buy the shares of the company if they are not
bought(or subscribed) by the public.
some of the underwriters are IDBI.ICICI,SBi etc.
Is This Answer Correct ? | 13 Yes | 1 No |
Answer / rohitpatel
when the shares of the company are issued for the first
time, 90% of the shares should be subscribed by the public
,if they are not subscribed then the particular company go
for underwriters who do the job of subscribing i.e give the
guarantee to buy the shares of the company if they are not
bought(or subscribed) by the public.
some of the underwriters are IDBI.ICICI,SBi etc.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / ranjitha
underwriters are the those persons who agree to take up the
partly paid shares
Is This Answer Correct ? | 0 Yes | 1 No |
Iam an MBA student.I need guidance to prepare for AMAZON COMPANY. can u post papers to ammuprathyu@ymail.com
What's CRR?
0 Answers State Bank Of India SBI,
Tell about current five year plan and newly formed NITI Aayog?
What is the benefit you gain from financial service???
what is difference between revenue deficit and fical deficit ?
What is the use of PPF Account? How will you define it?
how many types of organisations we can establish in india?
Explain the process to compute it?
What do you mean by interest coverage ratio? What does it indicate?
Difference between the BSE and NSE not their expansion
Is inflation good or bad for the economy?
How can you operate a desktop from a remote location?
0 Answers State Bank Of India SBI,