What is an Initial Public Offer (IPO)?An Initial Public Offer (IPO) is the selling of securities to the public in theprimary market. It is when an unlisted company makes either a fresh issueof securities or an offer for sale of its existing securities or both for the firsttime to the public. This paves way for listing and trading of the issuer’ssecurities. The sale of securities can be either through book building orthrough normal public issue.
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