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What is the role of the registrar of companies?

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The most important tasks of the registrar in the pre-IPO and post-IPO process are described below:

  • Processing the IPO application data received from the Exchange's IPO bidding platform and syndicatebanks.
  • Maintaining a record of funds received from investors.
  • Finalization of the basis of allotment.
  • Finalization of share allotment.
  • Transfer of allotted shares to the applicant's demat account.
  • Processing of refunds or release of funds.
  • Resolvinginvestor complaints related to the allotment.

 

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