How to choose a merchant banker?
As per SEBI regulations in India, it is mandatory for a merchant banker to have a certificate of registration issued by SEBI, in order to offer merchant banking services. Besides this, tying up with a certified merchant banker, whose profile best suits the requirements of the enterprise can play a crucial role in the raising capital.
Here are some guidelines on what to look for in a merchant banker.
Proven track record: Choosing a merchant banker that has experience in successfully managing at least one issue is essential as they will know all the regulatory and legal formalities that need to be taken care of for listing.
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