New IPO is issued almost every day in the capital markets of India. Initial Public Offering (IPO) in India means to offer shares by a company that was not previously listed. New IPO in India is launched through different methods like book building method, fixed price method or a combination of both. New IPOs in India normally have a registrar and also lead managers.
Initial Public Offering (IPO) in India is defined the selling of the shares of a company, for the first time, to the public in the country's capital markets. This is done by giving to the public and shares, which are either owned by the promoters of the company or by issuing new shares. IPO in India is done through different methods like fixed price method, book building method, or a mixture of both. The method of book building has been introduced in the country in 1999 and it helps the company to find out the demand and price of its shares. The company that is issuing the Initial Public Offering (IPO) decides the number of shares that it will issue and also fixes the price band of the shares.
During the company's Initial Public Offering (IPO) in India, an electronic book is opened for at least five days. During this period of time, bidding takes place that means people who are interested in buying the shares of the company make an offer within the fixed price band. Once the book building is closed then the issuer as well as the book runner of the Initial Public Offering (IPO) evaluate the offers and then determine a fixed price. The main objectives of New Initial Public Offer in India are to use the proceeds from the issue to fund the company's plans for the expansion of operations and to meet the expenses of the issue.
Major IPOs in India are
- Reliance Power IPO
- Wockhardt Hospital IPO
- KNR Constructions Ltd. IPO
- Manjushree Extrusions Ltd IPO
- J Kumar Infraprojects Ltd. IPO
- Future Capital Holding Ltd IPO
- Cords Cable IPO