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    • NRI News Bulletin
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    • FAQs
    • FATCA / CRS - Self Declaration Form
  • Priority Portal
    • Schemes
    • RRB Section
    • Agri-Marketing
    • Agricultural Innovation Centre
    • Rural Development
    • CED for Women
    • Sustainable Development and Corporate Social Responsibility (SD-CSR)
    • Lead Bank
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Got any Questions?
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Toll Free Numbers

Canara Bank
1800 425 0018
1800 103 0018
e-Syndicate
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.

IPO Monitoring Activity

IPO Monitoring Activity

 

  • Our bank has been permitted to act as ‘Monitoring Agency’ to undertake the assignments of monitoring of project implementation by companies raising equity through public issues, where the issue size exceeds Rs.500 crores.

 

  • Appointment of a monitoring Agency is mandatory in terms of SEBI guidelines wherever the public issue is Rs.500 crores or more. Also, the regulators (SEBI / SEs) may insist for engaging the service of a monitoring agency even in other cases.

 

  • The assignment requires the agency to monitor the investments of the IPO funds in the various projects for which the funds are raised by the issuer company from the public. An implementation progress report has to be submitted to SEBI on half yearly basis till full utilisation of the funds raised.

 

Merchant Appraisal

Our Bank undertakes Merchant Appraisal of such of those projects where the project cost is more than Rs.25 crores or as per SEBI directions.

 

 

Got any Questions?
Call us Today!

Toll Free Numbers

Canara Bank
1800 425 0018
e-Syndicate
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.
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