Who Is A Syndicate Member For An Ipo?

1.	Who Is A Syndicate Member For An Ipo?
Answer» The Book Runner(s) MAY APPOINT those intermediaries who are REGISTERED with the Board and who are permitted to carry on activity as an 'Underwriter' as SYNDICATE members. The syndicate members are mainly appointed to COLLECT and entire the bid forms in a book built issue. The Book Runner(s) may appoint those intermediaries who are registered with the Board and who are permitted to carry on activity as an 'Underwriter' as syndicate members. The syndicate members are mainly appointed to collect and entire the bid forms in a book built issue.

Answer»

The Book Runner(s) MAY APPOINT those intermediaries who are REGISTERED with the Board and who are permitted to carry on activity as an 'Underwriter' as SYNDICATE members. The syndicate members are mainly appointed to COLLECT and entire the bid forms in a book built issue.

The Book Runner(s) may appoint those intermediaries who are registered with the Board and who are permitted to carry on activity as an 'Underwriter' as syndicate members. The syndicate members are mainly appointed to collect and entire the bid forms in a book built issue.

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