e-IPO

The quite fascinating and inquisitive matter that prevails among the investors of the capital market is the boon accomplished by the Initial Public Offer. IPO, which incorporates many valuable features, has facilitated in acquiring a deep and thorough knowledge in handling the issues for the members of the stock exchange. But still, the public finds a great difficulty to get along with the increasing demand of IPO’s.

Thus a need arose in introducing a system, which helps in the processing speed, storage, accuracy and precision of bulk populated data which in turn gave birth to e-IPO to meet the needs of the stock-brokers (BRLM & Syndicate members).

e-IPO

KGiSL offers organizations a turnkey solution for the IPO process. Given the stringent procedures and timeline for IPO processing, our solution enables you to spend more time on your client relationships and provides simple processes and workflows to keep your focus on the key aspects of your business.

Functionality

This system has been designed to help the brokers/agents (BRLM’s / Syndicate members) capture IPO applications from the Institutional and Retail segments. The system also caters to the back office processes related to IPO management, inclusive of Bid data entry, electronic submissions of bids to the exchanges, Order Management, Reconciliations, Custodian bids etc.

Highlights

  • Support for 3 types of IPO (Normal IPO, FPO, Anchor IPO issue)
  • Workflow driven Bid entry process – Single Key / Single Key Compare models available
  • Order management facility for institutional clients
  • Comprehensive reconciliation module available for automatic reconciliation
  • Custodian File & Exchange Online backup file with Data entry data
  • Escrow bank letter printing, Confirmation of Allotment Notes (CAN)
  • Provision to upload IPO registrar allotment details
  • Comprehensive reporting module for BRLM – like detailed bids report subscription summary, price-demand report, sub-syndicates demand, branch wise demand etc

Benefits

Easier to deploy – connecting online as well as offline branches

Centralized access control – user level / group level rights management

Specially designed for multi-user, multi-office setup

Simple and easy to use archival mechanism, providing an improved performance

Drill down enabled in reports, sort options available everywhere

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