Allotment on a firm basis in public issues by an issuing company to financial institutions, mutual funds, overseas corporate bodies, foreign portfolio investors including non-resident Indians and employees
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Initial Public Offer
The first public offer of shares by a Company. When a Company makes an IPO, the shares become widely held and there […]
An order to buy or sell a specified number of shares when a specified price is reached.
Red Herring Prospectus
The final prospectus filed by the company with the Registrar of Companies (ROC) before launching the IPO. It contains all the information […]
Commission payable to the stock broker for arranging the sale or purchase of securities. Maximum chargeable commission is fixed by the Exchanges.