1800 1030
Merchant Banking Services
- INTRODUCTION:
- 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:
- Merchant Banking
- Commercial Banking
- Investments
- Bankers to Issue - Escrow Bankers / ASBA
- Underwriting
- 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> >Invest and Ensure >E-ASBA > Issues which are open will pop up.
- ASBA facility extended for HUF Accounts. Login to Net Banking> Under Main Menu> Other Services >E-ASBA > Issues which are open will pop up.
- Minor accounts (Product Code.120 & 231) and Small Savings Bank Accounts (Product code.127& 232) are not eligible for investing in IPOs/Rights Issue/ Debt Issue through ASBA.
- Time limit for Non Institutional Investors/HNI/QIB (application amount is more than Rs 2.00 Lakhs) @ 3.30pm and for retail Individual Bidders i.e. application amount up to Rs 2.00 Lakhs @ 4.30pm on issue closing day for all channels.
-
To download ASBA application forms, visit following websites :
- nseindiaipo.com
- bseindia.com
- (NSE - Forms available at bottom of the page after clicking on the respective company/Issuer).
- (BSE - Forms available on left hand side after clicking on the respective company/Issuer).
-
INVESTMENT OPPORTUNITY IN 54 EC CAPITAL GAINS TAX EXEMPTION
- RURAL ELECTRIFICATION CORPORATION (SERIES XVIII) FY 2024-25
- INDIAN RAILWAY FINANCE CORPORATION (SERIES VIII) FY 2024-25
- POWER FINANCE CORPORATION (SERIES VIII) FY 2024-25
- Download applications from the respective Website as below
- Select Broker Code as “64” (CANARA BANK) for REC, “18” for IRFC and “38” for PFC.
|
Bond |
RECL |
IRFC |
PFC |
|
Security Name |
REC Capital Gain Tax Exemption Bonds Series - XVIII. |
IRFC Capital Gain Tax Exemption Bonds –Series VIII |
PFC Capital Gain Tax Exemption Bonds –Series VIII |
|
Rating of the Instrument |
‘ICRA AAA’ by ICRA Limited. ‘CARE AAA’ by Care Ratings Limited. 'CRISIL AAA’ by CRISIL Ratings Limited. ‘IND AAA’ by India Ratings and Research Private Limited. |
‘AAA/Stable’ by CRISIL, ‘AAA /Stable’ by ICRA, & 'AAA/Stable' by CARE |
‘AAA/Stable’ by CRISIL, ‘AAA (Stable)’ by ICRA, & 'AAA/Stable' by CARE |
|
Issue Price |
At par. Rs. 10,000 (Rupees Ten Thousand) per Bond. |
At par (Rs. 10,000/- per bond) |
At par (Rs. 10,000/- per bond) |
|
Coupon Rate |
5.25% p.a. |
5.25% p.a. |
5.25% p.a. |
|
Tenor |
5 (Five) years / 60 (Sixty) months from the Deemed Date of Allotment |
5 years from the deemed date of allotment |
5 years from the deemed date of allotment |
|
Minimum Application and in multiples of thereafter |
Application must be for a minimum size of Rs. 20,000 (Rupees Twenty Thousand) (2 Two) Bonds) and in multiple of Rs. 10,000 (Rupees Ten Thousand) (1 (One) Bond) thereafter. |
Application must be for a minimum size of Rs. 20,000/- (2 bonds) and then in multiple of Rs. 10,000/- (1 bond) thereafter. |
Application must be for a minimum size of Rs. 20,000/- (2 bonds) and then in multiple of Rs. 10,000/- (1 bond) thereafter |
|
Maximum Application Size |
500 (Five Hundred) Bonds of Rs. 10,000 (Rupees Ten Thousand) each (Subject to Section 54EC of Income Tax Act, 1961) i.e. Rs. 50,00,000 (Rupees Fifty Lakh) |
500 bonds of Rs. 10,000/- each (Rs. 50,00,000/-) |
500 bonds of Rs. 10,000/- each (Rs. 50,00,000/-) |
|
Issue Timing |
Issue Opening Date: April 1, 2024, Issue Closing Date: March 31, 2025 (at the close of the banking hours) or at a date as may be decided by REC in its absolute discretion. |
Issue Opening Date: April 1, 2024 Issue Closing Date: March 31, 2025 (at the close of the banking hours) or at a date / time as may be decided by IRFC in its absolute discretion |
Issue Opening Date: April 1, 2024 Issue Closing Date: March 31, 2025 (at the close of the banking hours) or at a date / time as may be decided by PFC in its absolute discretion |
https://kosmic.kfintech.com/REC/appDownload.aspx
https://kosmic.kfintech.com/IRFC/appDownload.aspx
https://kosmic.kfintech.com/PFC/appDownload.aspx
FOR FURTHER INFORMATION / APPLICATION FORMS VISIT THEIR WEB SITES www.recindia.nic.in, www.irfc.nic.in and www.pfcindia.com respectively.
WE ARE “ARRANGERS” and “COLLECTING BANKERS “to the CAPITAL GAIN Bond Issues. (Private placement).
FOR ADDITIONAL INFORMATION PLEASE CONTACT CORPORATE MERCHANT BANKING DIVISION, H.O /OUR MBDs/CMSBs as per details below:
MERCHANT BANKING SETUP:
|
Corporate Merchant Banking Division, Resources Wing, Head Office, 112 J C Road Bangalore-560 002 |
Deputy General Manager
Divisional Manager
Manager |
080-22233771, 22128056 +91-7619604902
|
|
Canara Bank Government Business Branch, National Archives of India, Near Shastri Bhawan, Janpath, New Delhi – 110001 |
Mr. Sunil Kumar Khanna, Manager |
011-23719542, 23326864 +91-9599552836 |
CAPITAL MARKET SERVICE BRANCHES:
|
Canara Bank Government Business Branch, National Archives of India, Near Shastri Bhawan, Janpath, New Delhi – 110001 |
Mr. Sunil Kumar Khanna, Manager |
011-23719542, 23326864 +91-9599552836 |
|
ASBA Cell, C.O, Bandra Kurla Complex, Bhandra (E), MumbaI- 400 051 |
Mr.Arjun, Sr Manager |
022-26728121, 26728175 |
|
Capital Market Service Cell, Narayan Chamber, Nehru Bridge Corner, Ashram Road, Ahmedabad-380 009 |
Mr. Ashwiniben Navinkumar Jana, Manager |
079 – 26575784 +91-9979925299 |
For status of Bonds after submitting of application Investors may contact Registrars / Company.
Escalation Matrix
|
Details of |
Contact Person |
Address |
Contact No |
Email Id |
|
Demat account related issues / Client Servicing |
ROHAN S ATHALYE |
CMS Branch, E syndicate Bank DP Cell, First Floor, A-Wing, C-14, G Block, Canara Bank Building Bandra Kurla Complex, Bandra (E) Mumbai - 400051 |
022-26728124 +91-9867337712 |
cb15076@ canarabank.com |
|
Depository Participant Compliance Officer |
Parveen Shankarwal |
022-26728161 +91-7895879280 |
cb15076@ canarabank.com |
In absence of response/ complaint not addressed to your satisfaction, you may lodge a complaint with CDSL at https://www.cdslindia.com/Footer/grievances.aspx or SEBI at https://scores.gov.in/scores/ Welcome.html. Please quote your Complaint Ref No. while raising your complaint at SEBI SCORES/ Depository portal
Annexure –B
1) Investors Complaints Data on IPO/FPO/RI/SME IPO etc for month ending – September 2024
|
SN |
Received from |
Carried forward from previous month |
Received during the month |
Resolved during the month* |
Pending at the end of month # |
Pending complaints > 3 month |
Average Resolution time^ (in days) |
|
1 |
Directly from Investors |
NIL |
|||||
|
2 |
SEBI (SCORES) |
NIL |
03 |
02 |
01 |
NIL |
--- |
|
3 |
Stock Exchanges (if relevant) |
NIL |
|||||
|
4 |
Other Sources (if any) |
NIL |
|||||
|
5 |
Grand Total |
NIL |
03 |
02 |
01 |
NIL |
NIL |
Trend of monthly disposal of complaints (for 6 months on rolling basis):
|
SN |
Month |
Carried forward from previous month |
Received during the Particular month |
Resolved during the Particular month * |
Pending at the end of Particular month # |
|
1. |
April 2024 |
NIL |
NIL |
NIL |
NIL |
|
2. |
May 2024 |
NIL |
NIL |
NIL |
NIL |
|
3. |
June 2024 |
NIL |
NIL |
NIL |
NIL |
|
4. |
July 2024 |
NIL |
NIL |
NIL |
NIL |
|
5. |
August 2024 |
NIL |
NIL |
NIL |
NIL |
|
6. |
September 2024 |
NIL |
03 |
02 |
01 |
|
Grand Total |
NIL |
03 |
02 |
01 |
^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.
* Inclusive of complaints of previous months resolved in the current month.
#Inclusive of complaints pending as on the last day of the month.
Trend of annual (Calendar year) disposal of complaints (For 5 years on rolling basis)
|
SN |
Year |
Carried forward from previous year |
Received during the particular year |
Resolved during the particular year |
Pending at the end of the particular year |
|
1 |
2021 |
NIL |
NIL |
NIL |
NIL |
|
2 |
2022 |
NIL |
3 |
3 |
NIL |
|
3 |
2023 |
-- |
-- |
-- |
-- |
|
4 |
2024 |
-- |
3 |
2 |
1 |
|
5 |
2025 |
-- |
-- |
--- |
-- |
|
|
Grand Total |
NIL |
6 |
5 |
1 |
2) Investors complaints’ data on Debt Market for month ending September 2024
|
Sr. No. |
Received from |
Pending as at the end of last month |
Received during particular month |
Resolved during particular month* |
Total Pending During particular month # |
Pending complaints > 1 month |
Average Resolution time^ (in days) |
|
1 |
Directly From Investors |
-- |
-- |
NIL |
-- |
-- |
-- |
|
2 |
SEBI (SCORES) |
-- |
-- |
NIL |
-- |
-- |
-- |
|
3 |
Stock exchanges (if relevant) |
-- |
-- |
NIL |
-- |
-- |
-- |
|
4 |
Other Sources (if any) |
-- |
-- |
NIL |
-- |
-- |
-- |
|
5 |
Grand Total |
-- |
-- |
NIL |
-- |
-- |
-- |
Trend of monthly disposal of complaints for the financial year:
|
Sr. No. |
Month |
Carried forward from previous month |
Received during particular month |
Resolved during Particular month* |
Pending at the end of particular month# |
|
1. |
April 2024 |
|
NIL |
|
|
|
2. |
May 2024 |
|
NIL |
|
|
|
3. |
June 2024 |
|
NIL |
|
|
|
4. |
July 2024 |
|
NIL |
|
|
|
5. |
August 2024 |
|
NIL |
|
|
|
6. |
September 2024 |
|
NIL |
|
|
|
Grand Total |
NIL |
^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.
* Inclusive of complaints of previous months resolved in the current month.
# Inclusive of complaints pending as on the last day of the month.
Trend of annual (financial year) disposal of complaints (for 3 years on rolling basis):
|
Sr. No. |
Year |
Carried forward from previous year |
Received During particular year |
Resolved During particular year |
Pending at the end of particular year |
|
1 |
2021-22 |
|
NIL |
|
|
|
2 |
2022-23 |
NIL |
|
|
|
|
3 |
2023-24 |
|
NIL |
|
|
|
|
Grand total |
|
|
|
|
3) Investors Complaints Data on Pvt Placement-Municipal debt securities for month ending – September 2024
|
SN |
Received from |
Carried Forward from previous month |
Received during the month |
Resolved during the month* |
Pending at the end of month # |
Pending complaints > 3 month |
Average Resolut Ion time^ (in days) |
|
1 |
Directly from Investors |
-- |
NIL |
-- |
-- |
-- |
-- |
|
2 |
SEBI (SCORES) |
-- |
NIL |
-- |
-- |
-- |
-- |
|
3 |
Stock Exchanges (if relevant) |
-- |
NIL |
NIL |
-- |
-- |
-- |
|
4 |
Other Sources (if any) |
-- |
NIL |
-- |
-- |
-- |
-- |
|
5 |
Grand Total |
-- |
NIL |
-- |
-- |
-- |
-- |
Trend of monthly disposal of complaints for the financial year:
|
SN |
Month |
Carried forward from previous month |
Received during the month |
Resolved during the month * |
Pending at the end of month # |
|
1. |
April 2024 |
-- |
NIL |
-- |
-- |
|
2. |
May 2024 |
-- |
NIL |
-- |
-- |
|
3. |
June 2024 |
-- |
NIL |
-- |
-- |
|
4. |
July 2024 |
-- |
NIL |
-- |
-- |
|
5. |
August 2024 |
-- |
NIL |
-- |
-- |
|
6. |
September 2024 |
|
NIL |
|
|
|
|
Grand Total |
-- |
NIL |
-- |
-- |
^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.
Inclusive of complaints of previous months resolved in the current month.
#Inclusive of complaints pending as on the last day of the month.
Last 3 years’ trend
|
SN |
Year |
Carried forward from previous year |
Received during the particular year |
Resolved during the particular year |
Pending at the end of the particular year |
|
1 |
2021-22 |
-- |
-- |
-- |
-- |
|
2 |
2022-23 |
-- |
-- |
- |
-- |
|
3 |
2023-24 |
-- |
NIL |
-- |
-- |
|
|
Grand Total |
-- |
-- |
-- |
-- |
4)Investors Charter-Investor Complaints for public offers by REITs and InvITs Investors Complaints Data on public Offers by REITs and InvITs for month ending September 2024
|
SN |
Received from |
Carried forward from previous month |
Received during the month |
Resolved during the month* |
Pending at the end of month# |
Pending complaints > 3 month |
Average Resolut ion time^ (in days) |
|
1 |
Directly from Investors |
-- |
-- |
NIL |
-- |
-- |
-- |
|
2 |
SEBI (SCORES) |
-- |
-- |
NIL |
-- |
-- |
-- |
|
3 |
Stock Exchanges (if relevant) |
-- |
-- |
NIL |
-- |
-- |
-- |
|
4 |
Other Sources (if any) |
-- |
-- |
NIL |
-- |
-- |
-- |
|
5 |
Grand Total |
-- |
-- |
NIL |
-- |
-- |
-- |
Monthly trend for the financial year:
|
SN |
Month |
Carried forward from previous month |
Received during the month |
Resolved during the month * |
Pending at the end of month # |
|
1. |
April 2024 |
Nil |
Nil |
NA |
Nil |
|
2. |
May 2024 |
Nil |
Nil |
NA |
Nil |
|
3. |
June 2024 |
Nil |
Nil |
NA |
Nil |
|
4. |
July 2024 |
Nil |
Nil |
NA |
Nil |
|
5. |
August 2024 |
Nil |
Nil |
NA |
Nil |
|
6. |
September 2024 |
Nil |
Nil |
NA |
Nil |
^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.
* Inclusive of complaints of previous months resolved in the current month.
# Inclusive of complaints pending as on the last day of the month.
Last 3 years’ trend
|
SN |
Year |
Carried forward from previous year |
Received during the particular year |
Resolved during the particular year |
Pending at the end of the particular year |
|
1 |
2021-22 |
|
NIL |
|
|
|
2 |
2022-23 |
|
NIL |
|
|
|
3 |
2023-24 |
|
NIL |
|
|
|
|
Grand Total |
|
NIL |
|
|
