Procedure Of Private Placement Program (PPP)

The Procedure, As I Understand Are As Follows:

1. Account Holder Furnishes Doccument As Below Including Readiness To Block The Account For 20 To 45 Days.
2. Verification Will Be Done By The Program Manager (Max. 48 Hours)
3. On Confirmation, Agreement Will Be Signed
4. After Signing The Agreement, The Funds Will Be Transferred By RTGS By The Trader To The Account Holder Account
5. Account Holder Will Have To Issue Blocking Letter As Confirmed By The Bank After Verification Of Receipt Of RTGS In His Account

The Documents Required Are:

1. Copy Of Account Statement ( Minimum Balance 05 Cr. At Least From 3 Days) Duly Authenticated By The Concerned Branch Manager With His Code And Seal.
2. Letter Of Initial Interest To Go For PPP (Specify 20 / 45 Days Or Long Term Program In The Letter)
3. CIS
4. Colour Xerox Copy Of PAN Card & Passport
5. Affidavit That The Funds Are Clean And Not Tainted With Any Illegality
6. Authority Letter For Verification Of The Bank Account With The Respective Bank Manager Along With Contact Details Of The Branch In Charge - Name, Address Of The Branch, IFSC And SWIFT Code Details, Telephone / Fax/ Mobile And Email Id Of The Branch Manager.



After Verification, The Trader Will Give His Offer And Enter Into Trading Agreement. They Are Not Supposed To Give Offer Beforehand As That May Tantamount To Solicitation Which Is Punishable.


AS ON Today, The Offer Is:

300 Per Cent To The Account Holder

However The Rates Fluctuate And The Rate Prevailing On The Date Of Agreement Will Be The Final Rate.

The Agreement Will Specify The Rate Also And Hence There Is Total Transparency. 

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With Warm Regards

Unicorn Capital Services