Quries regarding ipo?


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Querist : Anonymous (Querist)
23 April 2012 An unlisted company brings its IPO is required to get listed in stock exchange first to determine the price and quantity to be offered through Book Building Proces ?

Plz reply as early as possible.

23 April 2012 No.

IPO is when an unlisted company makes either 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.

A Further public offering (FPO)is when an already listed company makes either a fresh issue of securities to the public or an offer for sale to the public, through an offer document. An offer for sale in such scenario is allowed only if it is made to satisfy listing or continuous listing obligations.


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