plz tell me who are known as underwriters? in simply words

Question Posted / vinuta

3 Answers
5536 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

plz tell me who are known as underwriters? in simply words..

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

plz tell me who are known as underwriters? in simply words..

Answer / rohitpatel

Is This Answer Correct ?

0 Yes

1 No

plz tell me who are known as underwriters? in simply words..

Answer / ranjitha

underwriters are the those persons who agree to take up the
partly paid shares

Is This Answer Correct ?

0 Yes

1 No

Post New Answer

More Banking Finance Interview Questions

Define Beta.

0 Answers

What is return on shareholder s funds?

0 Answers

What the Journal entry for Amortization

10 Answers ACS, Genpact, Venna, Zenpac,

Under Which Ordinance Company is Formed?

0 Answers Joint Stock Company,

Suggest some ways to improve the economic growth?

0 Answers RBI,

How Does Bankruptcy Help Me In The Short Run?

0 Answers

what happend to the DLF co. during recession why the slow down in it's share and comapny also?

0 Answers DLF,

What is capital turnover ratio? What does it indicate?

0 Answers

Give Any Three Disadvantages of Joint Stock Company?

0 Answers Joint Stock Company,

Consider the following data for a particular period: Portfolio (P) market (M) ---------------------------------------------------- ----- Average return 35 % 28 % Beta 1.2 1.0 Standard deviation 4.2 % 30 % Non-systematic risk 18 % ---- Calculate the following performance measures for portfolio (P) and the market (M) by using Sharpe, Jensen and Treynor methods. The T-bill rate during the period was 6 % by which measures did portfolio P outperform the market $

1 Answers

What is the difference between Capital expenditure and Revenue expenditure?

9 Answers Capital IQ, CTS, Excel,

What Is Iloc (irrevocable Letter Of Credit)?

0 Answers

For more Banking Finance Interview Questions Click Here