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.
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When a seller is not in a position to deliver the securities he has sold, the buyer sends in his application for […]
An order to buy and sell a security that remains in effect until it is either cancelled by the customer or executed
Commission payable to the stock broker for arranging the sale or purchase of securities. Maximum chargeable commission is fixed by the Exchanges.
Made by an issuer that has already made an IPO in the past and now makes a further public issue.