Companies need funds for their regular operations, expansion plans etc and IPOs allow them to raise loads of equity capital in a distributed manner. Unlike bank loans and other forms of debt, equity is interest free capital for companies.
IPO full form is Initial Public Offering. As the name suggests, an IPO is the first offering of shares to general public. Prior to an IPO, shares might be offered to a different set of investors such as anchor Investors, Private Equity Funds, Venture ...
· Qualified Institutional Bidder (QIB) – QIBs are qualified institutional buyers as defined by SEBI’s Issue of Capital and Disclosure Requirements (ICDR) regulations. Generally, 50% or 75% of the offer is reserved for QIBs. Typical examples ...
Book Running Lead Managers (BRLMs) are Appointed by the Respective Company, who wish to float IPO. BRLMs’ work is to Manage the IPO Process from Beginning (Applying for IPO with SEBI with Basic Prospectus & Company’s Details) to IPO Subscription ...