Merchant Banking Services

MERCHANT BANKING SERVICES

INTRODUCTION:

Track Record of Public Issues managed.

Canara     Bank     is    one     of   the   leading "  Merchant   Bankers / Investment Bankers”  in  India,  offering   specialized  services related  to Capital Market to  Banks,  PSUs,   State   owned   Corporations,   Local  Statutory  bodies, Corporate sector  including MSMEs.

We are SEBI registered Category I Merchant Banker (holding permanent certificate of registration) rendering   Issue Management (Public / Rights / Private Placement Issues), Underwriting, Consultancy and Corporate Advisory Services etc,  as a Capital Market Intermediary.

 We also hold SEBI Certificate of Permanent Registration to handle “Bankers to an Issue” assignments with network of exclusive Capital Market Service Branches for handling Collecting (Escrow)/Refund/Paying Banker assignments.  We are also a Self Certified Syndicate Bank for extending Application Supported by Blocked Amount (ASBA) facility through our Branches.

We do undertake "project appraisals" with linkage to resource raising plans from Capital Market/ Debt Markets and facilitate tie-ups with Banks / Financial Institutions and Potential Investors.

 Our uniqueness is in extending services through single window / “In house” concept in the following areas:

1. Merchant Banking
2. Commercial Banking
3. Investments
4. Bankers to Issue - Escrow Bankers / ASBA
5. Underwriting
6. Loan Syndication

 As leading Merchant Bankers in India, we have been associating with issues involving various types of industries, banks, statutory Bodies etc. and have an edge in handling Private Placement issues – both retail & HNIs/QIBs.

 SPECTRUM OF SERVICES:

Equity Issue Management (Public/Rights)

Debt Issue Management

Project Appraisals

Monitoring Agency Assignments

Security Trustee Services

Buy Back Assignments

Share Valuations

Employees Stock Option Scheme - Certification

  Debenture Trusteeship

  Issuing & Paying Agent (IPA) for Commercial Paper Issues

     ISSUE MANAGEMENT SERVICES:

Project Appraisal

Capital structuring

DRHP/RHP- Compilation of Offer Document.

Tie-ups (placement)

Formalities with SEBI / Stock Exchange / ROC etc.,

Underwriting

Promotion /Marketing of Issues

Collecting Banker / Banker to an issue

Post Issue Management

Refund Bankers

Debenture Trusteeship

Registrar & Transfer Agency (our Subsidiary)

ASBA-Self Certified Syndicate Bank

ONGOING ASSIGNMENTS:

• On tap Retail Private Placement Bond Issues- Arrangers/ Collecting Bankers. 
• Fair Market Valuation of Shares (Involving Indian and Foreign Accounting Standards).

A S B A [Applications Supported by Blocked Amount] Enabled SCSB

Applications Supported by Blocked Amount [ASBA] is an initiative by SEBI to make the process of Subscription to Capital Issues (Primary) more efficient.  Under this system, the application money will remain in the account of the customer, earning interest till the allotment process is completed.

 We offer this facility to our CASA account holders intending to invest in capital issues (both public and right issues).

 A hold is created in the account of the customer to the extent of value of shares applied for in the primary market and the hold is released after the finalization of Basis of Allotment. The blocked amount is transferred to the issuer company to match the quantum of shares allotted.

 The following are the requirement for applying through the ASBA process by the Account holder:

• Account holder / Investor should be from the approved category eligible to apply as per SEBI guidelines.
• Should have a Savings / Current account (CASA) with us linked with Permanent Account Number (PAN).
• Should have a Demat Account with a Depository Participant linked with same PAN number.
• CASA account and Demat Account both should linked with same PAN.
• Availability of sufficient balance in the account for creating a hold in the account to the extent of application money required/mentioned in the ASBA application, above the minimum balance.

  The following options are available to the ASBA investor:

• As per SEBI guidelines, Investor shall use only his/her own bank account linked with Permanent Account Number(PAN) to make an application in public issues.
• Applications made using third party bank account or using third party linked bank account are liable for rejection. In other words, the applicant and the account holder should be the same and PAN should match.
• ASBA Application can be submitted at our branches.
• ASBA applications can also be submitted through intermediary by using UPI linked Bank account.
• Option available to the investor to revise the bid/delete the bid within the bidding period.
• ASBA facility extended for internet customers. Login to Net Banking> Under Main Menu> Services>Others>ASBA > Issues which are open will pop up

To download ASBA application forms, visit following websites: 

http://www.nseindiaipo.com/issueforms/html/index.html  http://www.bseindia.com/markets/Publicissues/IPOIssues.aspx?expandable=4&id=1&Type=p 

INVESTMENT OPPORTUNITY IN 54 EC CAPITAL GAINS TAX EXEMPTION BONDS        

• RURAL ELECTRIFICATION CORPORATION (SERIES XIII) FY 2019-20
• NATIONAL HIGHWAYS AUTHORITY OF INDIA (SERIES XIX) FY 2019-20
• INDIAN RAILWAY FINANCE CORPORATION (SERIES III) FY 2019-20
• POWER FINANCE CORPORATION (SERIES III) FY 2019-20

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FOR FURTHER INFORMATION / APPLICATION FORMS VISIT THEIR WEB SITES www.recindia.nic.in , www.nhai.gov.in , www.irfc.nic.in and www.pfcindia.com

respectively.

WE ARE “ARRANGERS” and “COLLECTING BANKERS “to the CAPITAL GAIN Bond Issues. (Private placement)

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FOR ADDITIONAL INFORMATION  PLEASE CONTACT CORPORATE MERCHANT BANKING DIVISION, H.O /OUR MBDs/CMSBs as per details below:

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MERCHANT BANKING SETUP:

   CAPITAL MARKET SERVICE BRANCHES:

For status of Bonds after submitting of application Investors may contact Registrars / Company.

Click here for the List of Collecting Branches for investment in 54EC Capital Gain Issue of Rural Electrification Corporation.