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Market basics
Initial public offering: the first time a company sells shares to the public and becomes listed.
A company offers new shares in its IPO at a price band of ₹270–₹285. Investors bid in lots during a subscription window of a few days; if the issue is oversubscribed, shares are allotted by lottery or in proportion, and the shares then list on NSE and BSE.
Initial public offering: the first time a company sells shares to the public and becomes listed.
A company offers new shares in its IPO at a price band of ₹270–₹285. Investors bid in lots during a subscription window of a few days; if the issue is oversubscribed, shares are allotted by lottery or in proportion, and the shares then list on NSE and BSE.