ipo

What is the meaning of Book Running Lead Manager?

Book Running Lead Managers (BRLMs) are Appointed by the Respective Company, who wish to float IPO. BRLMs’ work is to Manage the IPO Process from Beginning (Applying for IPO with SEBI with Basic Prospectus & Company’s Details) to IPO Subscription Closing Date. To mobilize funds for Company through their Channel Partners & sub brokers, to Arrange Application Forms & Bidding Facilities for IPOs & to do All Communication Related to IPO Floating, Subscription, Allotment & Listing with All Regulators & Stock Exchanges, like SEBI, NSE, BSE etc.