Question

On which matters do merchant bankers advise companies?

Options

• Specified trading hours, stock exchange membership, audits and fees

• Size of the issue, preparation of the prospectus, allotment of securities and publicity

• Demat account statements, transfer deeds, stamp duty and bad delivery

• Rating symbols, rated securities, borrower discipline and incorrect ratings

Answer 1

Merchant bankers advise on the size of the issue, prospectus preparation, allotment and publicity. These activities support a company's issue of securities.