Karvy Computershare, India’s largest registrar, has launched its state-of-the-art, easy to use mobile interface K-PRISM (Karvy – Premium Registrar Investor Service on Mobile).

This is first of its kind service and it will enable investors to access information pertaining to the allotment of shares, refund status, keep a track of upcoming public offerings to plan future investments, locate the closest Karvy Investor Service Centre and do much more with a simple click of their mobile phone.

All investors can benefit from K-Prism instantaneously to know the IPO allotment information starting with one of largest issues of the recent times – MOIL (Manganese Ore India Limited), which is likely to get listed on December 15. The MOIL IPO allotment status will be available on K-PRISM from December 11, 2010.

K-PRISM is a secure mobile interface through which investors who utilise the corporate registry services of Karvy Computershare will now be able to access their application status, allotment of shares and details of refund (including refund amount, refund date and details of the bank account to which the refund will be processed) all on the go, in a hassle free, paper-less process thus playing a part in the ‘e-tree initiative’ of Karvy Computershare towards making the industry an environment friendly space.

“As the next level of reinforcing Karvy Computershare’s thought leadership, we have launched K-PRISM - yet another revolutionary product which would facilitate applicants to access key information on IPOs/public offerings seamlessly from the convenience of their mobile phones.” said, V Ganesh, CEO, Karvy Computershare.

Developed by Karvy Computershare’s in-house technology team, K-PRISM is a significant initiative in the corporate registry space as it has the potential to move the business towards an m-Commerce environment.

Also, as a registrar is the most credible resource for any information related to the public offering, K-PRISM will facilitate real time reliable information flow to the investors on their handhelds

Karvy Computershare is India’s number one registry and transfer agent offering issue registry, shareholder and mutual fund services to over 500 Blue-Chip corporate, reputed large Asset Management Companies (AMCs) and managing over 67 million individual folios.

Karvy Computershare is a 50:50 joint venture between Karvy and Australia based global registry leader Computershare.

The combination of local knowledge and global expertise with technological innovations has helped Karvy Computershare emerge as a fully integrated services provider with cross border capabilities.

And as a testimony, Karvy Computershare is the first Registry Company in India to receive ISO 9001, 9002 & 27001 certifications.