| Issue price | ₹ 265 - ₹ 274 |
|---|---|
| Issue size | ₹ 700 Cr |
| Face value | ₹ 2/share |
| Bid lot | 54 equity shares |
| Listing at | BSE & NSE |
Initial Public Offering (IPO) is conveyed as a process of offering shares of any particular private corporation to a public in the form of a new stock insurance. The shift from a private to a public company is considered an important time for private investors to understand the gains from their investment completely. These offerings traditionally include premiums of shares for current private investors. Alongside, the participation of public investors is also allowed in the offering. A company planning an IPO would choose an exchange in which shares are issued and traded publicly where they typically select an underwriter or underwriters.
Opportunity to buy stock at the lowest possible price
Probability of making profits on listing is high
Get retail discount of around 10% on some IPOs
You get the opportunity to be a part of the growth story of the issuing company
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