Last Updated on December 14, 2023 by BFSLTeam BFSLTeam
IPO or Initial Public Offer is the process through which a company raises capital to fund its business requirements; it is when a company gets listed on stock exchanges. The process is quite complex, and lengthy and involves lots of legal matters as there are a bunch of regulatory norms to be complied with. Companies usually appoint a registrar who becomes responsible for seamlessly conducting the entire process. Read along to know further insights about Satellite Corporate Services Pvt Ltd, its service offering, communication details, list of recent IPOs and much more.
Table of Content
About Satellite Corporate Services Pvt Ltd
Satellite Corporate Services, established in 1994 is among the leading category 1 IPO registrars and share transfer service providers in the country. It is also registered as a depository participant with depositories like NSDL and CDSL. It has a proven track record of over a decade and has a massive satisfied clientele with thousands of satisfied investors.
It is committed to delivering services of exceptional quality and following strong principles to enhance its investor value. On today’s date, the company is involved in service business such as bank reconciliation, share transfer, fixed deposit and handling demat Transactions.
| Satellite Corporate Services Pvt Ltd Communication Details | ||
| Address | A 106 & 107, Dattani Plaza, East West Compound, Andheri Kurla Road, Safed Pool Sakinaka, Mumbai – 400072. | |
Contact Details | Website | https://www.satellitecorporate.com/ |
| service@satellitecorporate.com | ||
| Phone | +91-22- 28520461/462 | |
| Fax | +91-22- 28511809 | |
Additional Read: IPO Registrar List in India
IPOs by Satellite Corporate Services Pvt Ltd
Here is the list of the latest IPOs by Satellite Corporate Services Pvt Ltd:
| Issuer Company | Exchange | Issue Open |
| Maagh Advertising And Marketing Services Ltd IPO | BSE SME | Sep 26, 2022 |
| Brandbucket Media & Technology Limited IPO | BSE SME | Dec 20, 2021 |
| Navoday Enterprises Limited IPO | BSE SME | Jun 14, 2021 |
| DC Infotech and Communication Ltd IPO | NSE SME | Dec 12, 2019 |
| Jonjua Overseas Limited IPO | BSE SME | Feb 12, 2019 |
| Shree Krishna Infrastructure Limited IPO | BSE SME | Nov 15, 2018 |
| Sungold Media and Entertainment Limited IPO | BSE SME | Aug 09, 2018 |
| Yug Decor Ltd IPO | BSE SME | May 18, 2017 |
| Zota Health Care Ltd IPO | NSE SME | Apr 27, 2017 |
| Radhika Jeweltech Ltd IPO | BSE SME | Sep 14, 2016 |
| United Polyfab Gujarat Ltd IPO | NSE SME | May 25, 2016 |
| Suncare Traders Ltd IPO | BSE SME | Dec 15, 2015 |
| Amrapali Fincap Ltd IPO | BSE SME | Jul 20, 2015 |
| Karnavati Finance Ltd IPO | BSE SME | Jan 19, 2015 |
| Amrapali Capital and Finance Services Ltd IPO | BSE SME | Oct 15, 2013 |
| Ace Tours Worldwide Ltd IPO | BSE SME | Sep 09, 2013 |
Services Offered by Satellite Corporate Services Pvt Ltd
Here are some of the services offered by Satellite Corporate Services:
Registrar and Transfer Agent Services
- Transfer Processing
- Handling customer queries
- Processing and distribution of interest/ dividend warrants through NACH/direct credit/NEFT/RTGS
- Renewal of certificates
Depository Related Services
- Dematerialisation and rematerialisation of inter-depository transfer
- Connecting electronically with NSDL and CDSL
- Passing on information to corporate clients.
- Checking and processing folios of shareholders
- Preparation of register or returns with RBI for all matters related to NRI shareholders or debenture holders.
To sum up, Satellite Corporate Services Pvt Ltd is among the finest securities transfer and registry service providers in India. Apart from being a registrar and transfer agent, it provides quality services in multiple segments like depository-related services, registrar to fixed deposit schemes etc.
For any queries, you can call their customer service or mail them regarding the issue using the above-mentioned communication details.
Frequently Asked Questions
Yes, it is possible to cancel or withdraw your IPO application while it is open for subscription. The bidding window remains open from 10 AM on the opening date to 5 PM on the closing date; investors can withdraw their bids during this time.
You will have to log in to your stock broker’s portal from where you submitted your IPO application. Then, navigate to the order history section and select the IPO you want to withdraw. Finally, click on withdraw and your block amount will be realised within a few days.
As per SEBI norms, you can make a maximum of five applications per issue from a single bank account using ASBA.
The issuing company and the book-running lead managers are the ones who determine the cut-off price taking demand, market supply and books of accounts into consideration.
