An Initial Public Offering, or IPO, is the first sale of stock by a company to the public. A company can raise money by issuing either debt or equity. In case, the company chooses the equity route, the first such offering of equity shares to the public via listing of the shares in the stock markets is called an IPO.
Public companies have thousands of shareholders and are subject to strict rules and regulations. The companies must have a board of directors and they must report financial information every quarter from an investor's standpoint, the most exciting thing about a public company is that the stock is traded in the open market, like any other commodity. If you have the cash, you can invest.
MNM Stock Broking offers its clients the facility to subscribe to IPOs through its various online platforms. We also provide the latest news about upcoming and current IPO’s including their listing dates.