Monthly Archives: January 2020
The excess subscription amount received by the company in case of an oversubscribed IPO is called oversubscription.
Existing promotors or financial institutions offering a part of their holding to the public investors. Since the Company is not issuing any new shares, the share capital does not change. In this case, the money paid by investors goes to the promotors/ financial institutions and not to the Company.
Any person who is engaged in the business of issue management either by making arrangement regarding selling, buying or subscribing to securities or acting as manager, consultant, adviser or rendering corporate advisory service in relation to such issue management. The merchant banker earns a fee for such services. Also referred to […]
The minimum number of shares one can bid for in an IPO. Applications will have to be in multiples of the lot size thereafter.
International Securities Identification Number is a unique identification number allotted for each security in the depository system
The first public offer of shares by a Company. When a Company makes an IPO, the shares become widely held and there is a change in the shareholding pattern.
New shares issued by a Company to public investors resulting in an increase in share capital of the company.