Question

Those special type of brokers guarantee a certainamount subscription to a new issu of share are called

Answer 1

The group of people or individual who issues an initial public offer (IPO) or further public offer (FPO) are known as underwriters as they underwrites the issue. This could be of two types best effort underwriting (in which underwriters make their best efforts to make issue successful) or firm wide commitment (in which underwriters has to purchase the unsubscribed lot a share).