Last Updated on January 6, 2024 by BFSLTeam BFSLTeam
A registrar is one of the most important participants in the capital market. It is registered with several regulatory authorities and statutory bodies such as the Securities and Exchange Board of India (SEBI) and stock exchanges like NSE, BSE, MCX, etc. These independent entities are appointed by the companies launching an IPO to ease out the complexities and regulatory compliances associated with an IPO. Here, we will discuss the IPO registrar Alankit Assignments Limited. It is one of the leading registrar and transfer agents (RTA) and was the first RTA to initiate electronic connectivity with NSDL in northern India.
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About Alankit Assignments Limited
Established in 1995, Alankit Assignments Ltd is among the leading fintech service providers in India. It has a diverse range of service offerings across multiple sectors such as registry and share transfer services, brokerage services, investment advisory services, healthcare services, government-to-citizen services etc.
It is one of the most preferred registrars in the industry due to its higher efficiency, accurate and timely deliveries, exceptional customer service etc. It has serviced more than 800 corporates as a registrar and share transfer agent with some of the biggest IPOs like Bharat Dynamics, HUDCO, etc.
The company aims to achieve excellence by capitalising on cutting-edge innovative technology and by harnessing business automation, and artificial intelligence.
Given below is the address and contact number of Alankit Assignments Limited.
| Alankit Assignments Limited Communication Details | ||
| Address | Alankit House 2E/21, Jhandewalan Extension, New Delhi – 110055 | |
Contact Details | Website | https://www.alankit.com/ |
| Phone | (011) 4254 1234 | |
| Fax | (011) 4254 1967 | |
Additional Read: IPO Registrar List in India
IPOs by Alankit Assignments Limited
Here is the list of the latest IPOs by Alankit Assignments Ltd
| Issuer Company | Exchange | Issue Open |
| Mazagon Dock Shipbuilders Limited IPO | BSE, NSE | Sep 29, 2020 |
| IRCTC Limited IPO | BSE, NSE | Sep 30, 2019 |
| Rail Vikas Nigam Limited IPO | BSE, NSE | Mar 29, 2019 |
| MSTC Limited IPO | BSE, NSE | Mar 13, 2019 |
| Garden Reach Shipbuilders & Engineers Limited IPO | BSE, NSE | Sep 24, 2018 |
| Ranjeet Mechatronics Limited IPO | BSE SME | Sep 12, 2018 |
| Bright Solar Limited IPO | NSE SME | Jun 26, 2018 |
| Mishra Dhatu Nigam Limited IPO | BSE, NSE | Mar 21, 2018 |
| Bharat Dynamics Ltd IPO | BSE, NSE | Mar 13, 2018 |
| Housing and Urban Development Corporation Ltd IPO | BSE, NSE | May 08, 2017 |
| Insecticides India Ltd IPO | BSE, NSE | May 07, 2007 |
Services Offered by Alankit Assignments Limited
Here are some of the services offered by Alankit Assignments Limited:
IPO Registry Services
- Dispatching call notice to beneficiaries (shareholders).
- Facilitating the exchange of certificates and endorsing calls on share certificates.
- Offering electronic services to issuing companies
- Activating ISIN and facilitating the Dematerialisation (Demat) and Rematerialisation (Remat) of securities.
- Addressing errors, eliminating fractions, and handling investor complaints.
- Preparation of reports such as shareholding pattern, list of shareholders, secretarial audit certificate, transfer register, transmission register, duplicate register and many more.
Security Related Services
- Transfer, nomination, transposition of securities
- Buyback, delisting, mergers and acquisition of securities
- Processing FPOs, rights issues, warrants
- Physical verification for Physical to demat or demat to physical conversion
- Verification of data from the depository
- Letter to depository and confirmation from depository
RTA Services Related to ESOP
- Correspondence is sent to the depository to credit shares, followed by confirmation from the depository.
- Notification from the company before the allocation of Employee Stock Ownership Plan (ESOP) shares for document verification.
- Implementation of corporate action and rejection checks, once the file is uploaded.
To conclude, Alankit Assignments Limited is among the most popular registrar and transfer agents in the country. It has serviced 800-plus issuing companies as a registrar and transfer agent. The company aims to improve its customer service and other operational activities through the incorporation of cutting-edge technologies like AI, machine learning, etc.
In case you face queries or difficulties regarding an IPO application or any other debt instrument which are within the scope of the company, feel free to contact their customer service executive.
Frequently Asked Questions
To withdraw your funds from an IPO, you have to sign in to your discount broker‘s portal from where you have made the application. Go to the order history, choose the IPO you want to withdraw and click on ‘withdrawal Amount’. You will get your amount unblocked within a couple of days.
The cut-off price of an IPO is usually determined by the book-running lead managers and the issuing company. It is determined based on several factors such as demand and supply in the market and the books of accounts.
You can check your IPO allotment status either from the registrar’s portal or from the NSE or BSE website. Here you will have to enter your PAN and application number to view the status along with a few other details such as the number of shares, bid ID and share price. However, you can check these once the entire allotment process is complete.
In case you are experiencing difficulties, you can raise a complaint in SCORE. SCORE stands for SEBI Complaints Redress System, it is a centralised grievance redress portal where investors can register their valid complaints against any participant in the capital market.
