FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
IPO Book-Runner |
Underwriter |
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IPO Book-runner is also known as Merchant Banker, Book-Running Lead Managers, Lead managers, Lead/Main Underwriter. |
An underwriter is also known as Co-manager, manager, broker, agent. |
A book-runner is responsible for assisting the issuer on the entire IPO process |
An underwriter comes into picture in case of under subscription. |
IPO Book-Runner is mandatory for all IPOs |
An underwriter is mandatory only in case of SME IPOs. |
Issuer pays fees to a merchant banker |
Underwriters charge a fee/underwriting commission for the services. |
Topic: IPO Intermediaries Feedback
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FREE Intraday Trading (Eq, F&O)
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