Underwriting
This query is : Resolved
madhav hegde
(Querist)
21 September 2016
In complete underwriting whole of the public issue is underwritten by one or more underwriters so is that means all applications shall be Marked Application. And is there any Unmarked Applications will be there ? If Yes how its possible because 100% of the issues was takeover by the underwriters.
Amol S Joglekar
(Expert)
21 September 2016
marking AND underwriting are independent of each other. So it may so happen that although the issue is fully underwritten, some of the applications could be UNMARKED. (Are you getting confused with BROKERS to issue versus UNDERWRITERS to issue?)
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