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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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 […]
IPO or Initial Public Offering is the process by which a company raises capital by issuing shares to investors with the intention […]
The rate at which the first transaction in a security is struck after the opening of the market.
A stock is a general term used to denote ownership in the form of certificates of a company.