Last Updated on December 18, 2023 by BFSLTeam BFSLTeam
Launching an Initial Public Offering (IPO) plays a pivotal role in the lifetime of a company. By getting listed on the stock exchanges, it is able to enhance its brand image while raising a substantial sum that it can use for expansion, research, improvement or loan repayment. But launching an IPO is not easy; companies have to meet stringent regulations and make various disclosures. To ease this process, companies appoint an independent financial institution known as a registrar.
Here in this article, we will discuss more about one of the well-established registrar and transfer agents RCMC Share Registry Pvt. Ltd, its service offerings, communication details and more.
Table of Content
RCMC Share Registry Pvt. Ltd, incorporated in the year 1950. It is registered under the Securities and Exchange Board of India (SEBI) as a category 1 registrar and transfer agent. It is also registered as a depository participant with NSDL and CDSL.
It has its core expertise in areas like depository and connectivity services, registry and share transfer services, registry services in mutual fund processing, share accounting services, etc. Moreover, the company offers its customers web-based online enquiry modules, customised reports in both electronic and physical modes, and 24×7 investor service.
The company employs a proficient and experienced team to provide quality services and respond to queries/complaints from its clients. These include reputable names like Steel Authority of India, Rural Electrification Corporation, Jindal Saw, HUDCO, HDFC, etc.
Additional Read: IPO Registrar List in India
| RCMC Share Registry Pvt. Ltd Communication Details | ||
| Address | Geeta Bhawan Chouraha, 2nd Floor, Alankar Point,A.B.Road, Indore – 452 001 | |
Contact Details | Website | https://www.rcmcdelhi.com/ |
| ipo.rci@rcmcdelhi.com | ||
| Phone | (91) 120 4015880 | |
| Fax | (91) 120 2444346 | |
Here is the list of the latest IPOs by RCMC Share Registry Pvt Ltd:
| Issuer Company | Exchange | Issue Open |
| RCI Industries & Technologies Ltd IPO | BSE SME | Dec 30, 2013 |
Here are some of the services offered by RCMC Share Registry Delhi:
RTA Services
- Conducting physical share transfer
- Dematerialisation and rematerialisation of securities through depositories like CDSL and NSDL
- Smooth and prompt pay-out of interests and dividends
- Recording and registering of securities transfer
- Resolving investor queries via phone calls, mail and fax
- Reporting beneficiary data to the issuing company
- Depository connectivity services like electronic credit against corporate actions
- Assisting in merger and acquisition or handling corporate takeover-related activities
- Handling corporate actions like delisting of shares and private placement
Other Services
- Conducting fixed deposit accounting
- Conducting share accounting services
- Processing of financial transactions for mutual fund AMC (asset management companies)
- Processing mutual fund pay-outs like dividends and interests
RCMC Share Registry Delhi is a well-established registrar and transfer agent in the country. Apart from registry and share transfer services, it also offers fixed deposit accounting, registrar for mutual fund houses, share accounting services, etc. If you have any queries or difficulties with your IPO application, consider contacting the registrar for further clarity.
Additional Read: List of IPOs with DRHPs Filed
Frequently Asked Questions
There are some companies that allow minors to apply for an IPO. You can find this information in the “Who can Apply?” section of the IPO. However, the minor must have a demat account in their name and a PAN card. Otherwise, the minor has to apply in their guardian’s name.
There is a strict timeline for book-building IPOs in India as prescribed by SEBI. The bidding process for the IPO must be a minimum of 3 days and a maximum of 7 days. While the allotment of shares must be finalised within 2 weeks from the IPO closing date, allocation of shares in the demat must be carried out within 2 weeks from the IPO closing date.
The issuing company along with the book-running lead managers determines the price band of an IPO. The company and its lead managers perform detailed research in setting the price band and SEBI does not have any role in setting the price.
Typically, it takes 6 days to list the issue in the stock exchange which allows investors to freely buy or sell the company shares.
