Primary Market Services

Overview

Axis Bank is a leading bank in offering “Bankers to the Issue (BTI)” services. We offer a whole range of collection and payment services for your fund-raising requirements through our Investment Banking / Merchant Banking subsidiary (Axis Capital - One of the leading Investment advisors).

Our specialised team, with profound knowledge about SEBI regulations and with an impeccable track record of successful closure /execution of high value deals, provide best Bankers to Issue solutions and support at each stage of your issue/deal.

Features &
Benefits

Features & Benefits

Initial Public Offer (IPO) – It is the selling of securities to the public in the primary market. It is the largest source of funds with long or indefinite maturity for the company. The securities could be through fresh issuance or an offer for sale by existing holders.
New Fund Offer (NFO) - A New Fund Offer (NFO) is the first-time subscription offer for a new scheme launched by the Asset Management Companies (AMCs).
Rights Issue - A Rights Issue is a primary market offer to the existing shareholders to buy additional shares of the company on a pro-rata basis within a specified date at a discounted price than the current market price.
Qualified Institutional Placement (QIP) - It allows an Indian-listed company to raise capital from domestic markets without the need to submit any pre-issue filings to market regulators.
Non-convertible debentures (NCD) - NCD are fixed-income instruments, usually issued by high-rated companies in the form of a public issue to accumulate long-term capital appreciation.

Fee &
Charges

Fee & Charges

Please reach out to nearest branch/RMs for pricing

Eligibility &
Documentation

Eligibility & Documentation

All extant KYC guidelines applicable For opening current accounts
SEBI and Stock Exchanges Approvals and Guidelines

Value Added
Service

Value Added Service

Dedicated one-point contact to handle all queries during the issue and post issue.
Advisory/structuring of Issue/Deal.
Sponsor bank services with strong technology support and proven track record to handle volumes under UPI
Strong technology support and proven track record to handle volumes under UPI (as Sponsor Bank).
ASBA applications are collected at Pan India branches of the bank.
ASBA FD facility to Corporates and QIBs
ASBA facility for Foreign Investors (Rights issue)
Customers can also apply for IPOs online through “Retail Internet Banking Services”.
Faster movement of funds from Investor Accounts to Public Issue A/c through our robust technological support.
Co-ordination with Registrars, syndicate members, Merchant Banker, Stock Exchanges to handle all pre issue and post issue requirements.
Strong Business Continuity Plans (BCPs)/disaster management services to ensure smooth execution of Issue/Deal.
Bank Guarantee towards 1 percent security deposit to stock exchange
Complete Handholding on FEMA compliances & Regulatory Reporting