Initial Public Offering

IPO

Intermediate Level Global Corporate Finance 2 views

Definition

The process through which a private company offers shares to the public for the first time.

Detailed Explanation

IPOs allow companies to raise capital from public investors. The process involves underwriters, prospectus filing, roadshows, and pricing. Post-IPO, the company becomes publicly traded.

Example

Zomato's 2021 IPO raised ₹9,375 crore, making it one of India's largest tech IPOs.

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