SEBON has made it mandatory for all institutions going public to underwrite at least (fifty) 50% percent of the securities on offer prior the public issue while company whose net worth are below par value or companies offering shares at premium need to ensure that the securities on offer are fully underwritten.
Provident , on selective basis does independent appraisal of proposals through collaborative professional team and institution under takes responsibility of selling the same and ensures that in the event of non/under subscription, the balance securities will be bought in proportion to its underwritten commitment by underwater. However, provident do not deal directly in this regards as licensing for regulatory will be processed very soon to extend direct services of underwriting.
For the Proposal and detail information Please Click Here for Free Registration or SMS to 9864592422 or Email: providentmbl@gmail.com .