Initial Public Offers-Related Registry Service

Adroit has acted as Registrars to IPOs, both through the Fixed Price process and Book Building process. The activities are divided into three parts: Pre issue actives, activities during the issue and post Issue

Pre-issue Activities

  • Customized software for every issue.
  • Sending instructions to Banks for reporting of collection figures and collection & applications.
  • Liaison with the Bankers and the Lead mangers.

Activities during the Issue

  • Downloading the Bid data from BSE and NSE.
  • Co-ordination with all the Escrow bankers and SCSB for the ASBA Applications bid.
  • Liaise with clients and Issue Intermediaries.

Post Issue Activities

  • Reconciliation with the Bid data and the Bank data.
  • Provide Allotment Alternatives in consultation with Client / Merchant Banker and Regulatory Authorities.
  • Facilitating Listing.
  • Uploading of data to the Depositories for crediting of securities electronically.
  • Dispatch of Refund orders / Credit Advise.
  • Periodic Report submission to Regulatory Authorities.
  • Reconciliation of Refund payments.
  • Attending to post issue Investor queries.