IPO
IPO
Initial Public Offering (IPO) is when a private company offers shares to the public for the first time. It helps companies raise capital from public investors.
Example
LIC IPO was the largest in Indian history.
Related terms
DRHP
Draft Red Herring Prospectus (DRHP) is the preliminary document filed with SEBI before an IPO. It contains company details, financials, and risk factors.
Grey Market Premium
Grey Market Premium (GMP) is the unofficial price at which IPO shares trade before listing. It indicates expected listing gains but is not guaranteed.