What is an IPO
An Initial Public Offering is the process by which a privately held company offers its shares to the public for the first time.
After the IPO, the company's shares are listed and traded on stock exchanges.
Why companies go public
Companies raise capital for growth, repay debt, or provide an exit to existing shareholders.
Key terms
Price band: the range within which investors may bid.
Lot size: the minimum number of shares per application.
RHP: the Red Herring Prospectus containing company details and risks.
Investments in securities markets are subject to market risks. Read all related documents carefully before investing. RKFS does not guarantee IPO allotment or investment returns.
