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What functions do the registrars to the issue perform?
Registrar is the person who finalizes the list of eligible allottees after removing the invalid applications. Registrar also make sure that corporate actions are credited per share and demat account of the application is done and refund orders has been sent to the particular person to whoever it was concerned. In this process lead manager coordinates with registrar and they in turn look up in things to see that everything has been followed up properly and the finalization of application collected from bank branches and processing of those applications are getting done.
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