Initial Public Offerings
Initial Public Offerings
The purpose of IPO is to give a part of the ownership of the company to the investors in return of investments. Over the last couple of years we have seen a number of quality brands like ICICI Prudential Life Insurance’s Rs 6,057 crore IPO, the first public offering by an Indian insurer. Cairn India of Rs. 8616 crore IPO , Shankara Buildcon,Mahanagar Gas Ltd (MGL) joined the list of top-drawing initial public offerings (IPOs) as its Rs 1,040 crore issue closed with demand for 64.5 times the shares on offer.
Benefits of IPOs
Higher growth
Helps companies get massive funds which can be utilized for growth and expansion.
Sharing financial gain
The owners get a significant percentage of initial share of stock.
Increased public image
By getting listed on a stock exchange business receives wide media coverage enhancing the company's visibility and recognition of its products and services.
IPO Partner
