The basics
An Initial Public Offering (IPO) is the process through which a company offers its shares to public investors for the first time, or makes a further public issue where permitted.
How an IPO is structured
An IPO may include a fresh issue of shares, an offer for sale by existing shareholders, or a combination of both. The offer document explains the structure, risks, financial information and intended use of proceeds.
Where to find reliable information
Always read the latest Red Herring Prospectus (RHP), prospectus and official exchange/issuer updates before applying.
This article is for educational purposes only and is not investment advice. Investments in securities markets are subject to market risks.
