Last Updated on December 14, 2023 by BFSLTeam BFSLTeam
Whenever a company goes public it must appoint a registrar and transfer agent (RTA or registrar), an independent financial institution that manages IPO applications and allocations. To become a registrar, a financial services company must be registered with SEBI and prominent stock exchanges such as NSE and BSE.
It handles various aspects of an IPO such as registry services, share transfer-related services, depository services, etc. As an investor, you can contact them for any queries regarding share allotment, refund transactions, allocation of shares in a demat account, etc.
Here in this article, you will get to know more about the leading registrar Bigshare Services Pvt Ltd and its services offerings, communication details and more.
Table of Content
Bigshare Services Pvt Ltd was established in 1994, it is currently the leading share transfer IPO registrar in the country. The company has been into services like RTA agent services, depository services, IPO registry services and more for almost 3 decades. It has evolved as one of the leading fintech companies in the country with a robust IT infrastructure and the end goal of utmost consumer satisfaction.
The core competencies of this company include customer service, data management and record management. It aims to cater for millions of investors participating in the capital market, fostering an environment of trust and reliability.
| Bigshare Services Private Limited Communication Details | ||
| Address | 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri(E), Mumbai – 400 059 | |
Contact Details | Website | https://www.bigshareonline.com/Index.aspx |
| investor@bigshareonline.com | ||
| Phone | +91-22-6263 8200 | |
| Fax | +91-22-6263 8299 | |
Here is the list of the latest IPOs by Bigshare Services Ltd.
| Issuer Company | Exchange | Issue Open |
| Kalyani Cast Tech Ltd IPO | BSE SME | Nov 08, 2023 |
| Sheetal Universal Limited IPO | NSE SME | |
| Transteel Seating Technologies Limited IPO | NSE SME | Oct 30, 2023 |
| KK Shah Hospitals Limited IPO | BSE SME | Oct 27, 2023 |
| Shanthala FMCG Products Limited IPO | NSE SME | Oct 27, 2023 |
| Paragon Fine And Speciality Chemicals Limited IPO | NSE SME | Oct 26, 2023 |
| On Door Concepts Limited IPO | NSE SME | Oct 23, 2023 |
| Vivaa Tradecom Limited IPO | BSE SME | Sep 27, 2023 |
| Plada Infotech Services Limited IPO | NSE SME | Sep 29, 2023 |
| Oneclick Logistics India Limited IPO | NSE SME | Sep 27, 2023 |
| Goyal Salt Limited IPO | NSE SME | Sep 26, 2023 |
| Newjaisa Technologies Limited IPO | NSE SME | Sep 25, 2023 |
| Saakshi Medtech and Panels Limited IPO | NSE SME | Sep 25, 2023 |
| Manoj Vaibhav Gems ‘N’ Jewellers Limited IPO | BSE, NSE | Sep 22, 2023 |
| Digikore Studios Limited IPO | NSE SME | Sep 25, 2023 |
| Marco Cables & Conductors Limited IPO | NSE SME | Sep 21, 2023 |
| Sai Silks (Kalamandir) Limited IPO | BSE, NSE | Sep 20, 2023 |
| Master Components Limited IPO | NSE SME | Sep 18, 2023 |
| Techknowgreen Solutions Limited IPO | BSE SME | Sep 18, 2023 |
| Unihealth Consultancy Limited IPO | NSE SME | Sep 08, 2023 |
Additional Read: IPO Registrar List in India
Bigshare Services Pvt Ltd offers various types of services such as IPO registry, rights and bonus issuance and public issuance of bonds. Here is a list of services offered by Bigshare Services Private Ltd:
Registry Services Associated with an IPO:
- Gathering information, forms, and data from banks
- Preparing pre-issue plans such as determination of potential issue collection centres
- Uploading important data to CDSL or NSDL for crediting shares in electronic format
- Conducting reconciliation processes
- Offering alternatives for allotment
- Sending out share certificates, refund orders, etc.
- Recording applicant data and data associated with bidding
- Conducting reconciliation of refund payments
- Engaging with SEBI, Stock Exchanges, and other regulatory authorities
- Recording share transfers in physical form
- Distributing dividends to shareholders
- Recording and updating changes such as updates in address, mandate details, ECS instructions, etc.
- Conducting dematerialisation and rematerialisation of share certificates
- Handling shareholder polls and conducting scrutiny of poll voting
- Sending out corporate communications to shareholders for events like Annual General Meetings
Depository Services:
- Conduct reconciliation of electronic holdings
- Engaging with depositories to create and activate ISINs
- Furnish investor’s details to respective clients
- Acknowledge and address Demat and Remat requests from Depository Participants (DPs) and confirm the same with CDSL or NSDL
- Engage and interact with DPs (Depository Participants)
To conclude, a registrar acts as a bridge between an IPO issuing company and other market participants including investors, regulatory authorities etc. Bigshare Services Private Limited is the leading registrar in India offering a wide range of services revolving around capital market fundraising. If you have any queries which are beyond the scope of your broker, always feel free to connect with Bigshare Services Pvt Ltd.
Frequently Asked Questions
As part of the process, the IPO refunds are initiated after 4 working days from the IPO closing date. Usually, swift and timely processing of refund amount varies from bank to bank, however, in case of unexpected delay, you can contact the concerned registrar.
Your IPO blocked amount will be released within four working days from the IPO closure date. However, you continue to earn interest during the blocked duration and once it is released, you can use it for any purpose.
During a partial allotment, the required amount is debited and the remaining blocked amount is refunded to your bank account; this excess refund amount is known as IPO surplus refund.
You check by visiting BSE’s website. Here, you will have to enter your name, application number and PAN number; it will show your application status along with the share price, number of shares and BO ID.
