This book covers all important topics of the functioning of merchant bankers.

This book also covers knowledge competencies related to understanding the financial structure in India and the importance of the different rules and regulations governing the Indian securities market.

The coverage of the book is as follows:

Basic understanding of the Indian securities markets
Various terminologies used in the issue management process
The process of issue management and underwriting; general obligations and due diligence to be taken care of during the issue management process
The role of merchant bankers in acquisitions, takeovers, buyback of securities, disinvestment etc.
This book will be handy for all those who want to learn about the various functional aspect of Merchant Bankers. It will also be helpful for the following persons involved in or dealing with:

The investors, issuers, or clients of intermediaries
Assets or funds of investors or clients
Redressal of investor grievances
Activities have a bearing on operational risk
Maintain books and records pertaining to the above activities
The Present Publication is the May 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination IX | Merchant Banking. The contents of the book are as follows:

Introduction to Capital Market
Introduction to the Merchant Banking
Registration, Code of Conduct & General Obligations of Merchant Bankers in India
Issue Management – Important Terms
Issue Management – Process and Underwriting
Issue Management – General Obligations of Merchant Bankers and Due Diligence
Other Merchant Banking Activities – Mergers, Acquisitions & Takeovers
Other Merchant Banking Activities – Disinvestment, Buyback of Equity Shares