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
A Mutual Fund is an investment vehicle that pools money collected from investors for the purpose of investing in stocks, bonds or […]
Ask refers to the price one demands for a security
The price range within which investors can bid for IPO shares. It is set jointly by the company and the underwriter and is […]
The minimum number of shares one can bid for in an IPO. Applications will have to be in multiples of the lot […]