|Company Name||Exchange||Dates||Issue Size||Price|
|Anupam Rasayan||BSE/NSE||12-16 March||₹860 Cr.||₹554-555|
|Craftsman Automation||BSE/NSE||15-17 March||₹823 Cr.||₹1488-1490|
|Laxmi Organic||BSE/NSE||15-17 March||₹600 Cr.||₹129-130|
|Kalyan Jewellers||BSE/NSE||16-18 March||₹1175 Cr.||₹86-87|
|Nazara Technologies||BSE/NSE||17-19 March||₹547 Cr.||₹1100-1101|
|Suryoday Bank||BSE/NSE||17-19 March||₹582 Cr.||₹303-305|
|Hinduja Leyland Finance||BSE/NSE||TBD||TBD||TBD|
|Srei Equipment Finance||BSE/NSE||TBD||TBD||TBD|
|Century Metal Recycling||BSE/NSE||TBD||TBD||TBD|
What is an IPO?
Initial Public Offering (IPO) is the very first time a private company issues stock to the public. A company can decide issue stocks for several reasons including raise money for growth of to allow employees, owners, and early investors to liquidate some of their shares and make money.
In a simple language, an Initial Public Offering (IPO) refers to the process of offering shares of private company to the public in a new stock issuance.
Main objective of an IPO is to raise capital for a business from public investors.
Some of the advantages of IPO:
- One of the main advantages is fund they get through IPO, which can be used for purposes like: Hire new resources, reduce debts, fund capital expenditure, finance research and development, expansion of business, etc…
- When a company decides to go for an IPO, it must go through the severe inspection to confirm what they are reporting about themselves is correct, which helps them to receive credibility.
- Initial public offerings (IPO) often create publicity by making their products and services known to a larger potential base of the customer.
- A company can also offer stock as an incentive, security, or the bonus. This sometime helps to retain essential company resources. Additionally, stocks can be used to acquire other business.
Some of the disadvantages of IPO:
- As IPO is time consuming and expensive process, the company must bear various of expenses whether an IPO turns out successful or not.
- Company needs to publicize essential business-related information which includes sales, purchase, profits, and other required operations on regular basis.
- Once a company is pubic, its every step is scrutinized by investors, regularity board and analysts around the globe. This sometime creates pressurized environment for the company’s decision makers.
How to Invest in an IPO?
IPO can be applied through the bank which has the ASBA (Applications Supported by Blocked Amount) facility.
Following are the generic steps to apply an IPO from the Internet Banking:
- Log on to online banking portal of your respective bank
- Navigate to Investment / IPO or e-IPO section
- Make sure you have filled valid DP details and bank account information
- Navigate to options like “Invest in IPO” or “Apply IPO”
- Select the IPO you want to apply
- Enter the bid details
- Ensure you read Terms and Conditions
- Validate and confirm to place your IPO