This îs à member ôf Issuing Houses Association, responsible fôr sponsoring thé issue ôf new security ôn thé Stock Exchange ôr àn over thé counter market.The definition hàs also spread tô include àny merchant bank ôr dealer în securities whîch îs involved în such àn issue.The issuing house will hàvé been closely involved în thé process leading up tô thé flotation & will hàvé advised thé Comp. ôn its timing, pricing, etc.
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