Answer Posted / s.sridhar
An Initial Public Offer(IPO) is the selling of
securities to the public in the primary market. It is when
an unlisted companies makes wither a fresh issue of
securities or an offer for sale of its existing securities
or both for the first time to the public. This paves way
for listing and trading of the issuer's securities. The
sale of securities can be either through book building or
through normal public issue.
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