Refers to the market where equity or debt is raised from general public investors through an offer of securities. It is called so because investors purchase securities directly from the issuer.
You may also like
Allotment on a firm basis in public issues by an issuing company to financial institutions, mutual funds, overseas corporate bodies, foreign portfolio […]
The price range within which investors can bid for IPO shares. It is set jointly by the company and the underwriter and is […]
ASBA (Application Supported by Blocked Amount) is an application by an investor containing an authorization to self-certified syndicate bank (SCSB) to block […]
Ask refers to the price one demands for a security