Create & auto assign selling price list at the time of creation of a new customer

Can someone guide me in my following requirement:

At the time of creating a new customer, I want the following to happen:

  1. Create a new Price List in the name of the Customer.
  2. Assign the price list to the customer automatically.

There is no such feature out of the box. You will need someone to build an extension for you. Try posting at

Is it not possible with a simple custom script upon submission?