Equity, Fixed Income & Macro

What is an IPO and how does it work in India?

An IPO, or initial public offering, is the process by which a private company first sells shares to the public and lists on a stock exchange. In India, the company files a prospectus, sets a price band, and investors apply for shares through their demat and bank accounts during the offer window, with allotment subject to demand. For example, a company offering shares in a price band invites bids, then allots shares before listing day, when they begin trading openly. IPO investing carries risk and outcomes are uncertain; assess each offer on its own merits and consult a qualified advisor.

Crypto investments are subject to market risk and volatility. Past performance is not indicative of future returns. This is general information, not investment advice — consider your own circumstances or consult a qualified adviser before investing.