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IPO stands for Initial Public Offer where there is an invitation by the company to the public to subscribe to the securities offered through a prospectus. In other words, the general public can participate in the shareholdings of the company's share.Securities and Exchange Board Of India (SEBI) is the nodal authority for all capital market activities including public issues. All companies wishing to come out with an IPO has to file the draft offer document with SEBI through a merchant banker.
A. Public constitutes of both institutional and non institutional investors.
Institutional investors constitutes of:
A Foreign institutional investors (FIIS)
B Mutual funds (MFS)
C Public sector banks
D Private sector banks
B/7, Krishna Cottage
Hanuman Road
Mumbai - 400057, Maharashtra, India
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