Initial public offering (IPO Part II)
IPO Part II In the last Blog, we have seen about how the company goes through the scrutiny of SEBI and how they can able to raise funds from the primary market with the help of a banker. While applying for IPO we need to consider all the aspects mentioned in “Draft Red hearing prospects “so that we can able to understand the business model of that company with future projection to invest in that company for the long term. consider if you got allotted a share in your portfolio you will get notified by your broker and if you applied individually then you will get notify with a text message on your registered mobile number or you check it online on company’s website once you get conformation you need to check the actual share available on DMAT account. Once the company completes allotment then they declare the listing date on NSE and BSE or maybe on a specific exchange. in previous days listing used to be at 9.00 am but nowadays this time has shifted to the 10.00 am. in this listing proc