Upcoming IPO

During an Initial Public Offering (IPO) a company hires investment banks to manage the process. They determine the initial share price handle regulatory requirements and market the shares to potential investors.

The key stages of an IPO include:
1. Conducting due diligence and financial disclosures.
2. Submitting registration documents to regulators.
3. Conducting roadshows to attract investors.
4. Setting the initial share price.
5. Listing and trading shares on a stock exchange.

1. IPOs are typically open to institutional investors (such as mutual funds and pension funds) and individual investors (retail investors) who meet the minimum investment requirements set by the underwriters.
2. What is the role of the registrar in an IPO? The registrar of an IPO is responsible for processing applications, allocating shares according to SEBI rules, processing refunds, and transferring allocated shares to investors’ demat accounts.

Primary Market: Where investors buy shares directly from the issuing company to raise capital.
Secondary Market: Where stocks are traded after being initially offered in the primary market and listed on a stock exchange.

A company can conduct an IPO through the fixed price method, book building method, or a combination of both. The key difference lies in how the company determines and offers the share price to the public.

Public Issues: Open for at least 3 working days and not more than 10 working days.
Book Built Issues: Open for 3-7 working days, extendable by 3 days if the price band is revised.
Rights Issues: Open for at least 30 days and not more than 60 days.