Question

You are a merchant banker as a private limited company. You have so far handled 10 issues as a lead manager. Answer the following questions in this behalf:

a. What is the maximum number of merchant bankers that can associate with a public issue?

b. MB activity is only fee based but there is an exception to this? What is this exceptional activity we are talking about especially in the case of a lead manager handling a public issue?

c. What is the cap for this activity in terms of number of times?

Answer 1

Ans : A part :In India Merchant banking along with management of public issues and loan syndication

covering activities like-

1. Project counseling

2. Portfolio management

3. Investment counseling

4. Mergers and amalgamation of the corporate firms

B part : The number of lead merchant bankers may not exceeds in case any issue of , issue size less

than Rs.50crore,number of MBs 2

C part : The term "physical activity" should not be confused with "exercise", which is a subcategory of physical activity that is planned, structured, repetitive, and aims to improve or maintain one or more components of physical fitness. Beyond exercise, any other physical activity that is done during leisure time. Further, both moderate- and vigorous-intensity physical activity improve health.