Selecting a Merchant Banker
Tying-up with a merchant banker of an appropriate profile is important for the long tern success of the IPO. Following are some aspects that the prospective issuer should consider when selecting an Merchant Banker :-
- has a focus on the Company’s industry;
- is committed and capable of providing research;
- has good investor relations;
- has a proven track record;
- can make arrangements for market making.