“IPO” means Initial Public Offer in which a private company offers its stock at a defined price and sells to the public through the Stock Exchange NSE and BSE.
Companies use collected funds through the IPO for working, repayment of the debt, purchasing new things, and like these many other services.
After IPO once the company stock is listed on Stock Exchange NSE and BSE, the stock price starts moving up or down based on the company’s further performance. If a company is in profitable, performing well, and outstanding, the stock price may go up than the defined IPO price. The public who borough stock through IPO will benefit based on the company’s further performance.
The IPO is listed on the stock exchanges NSE and BSE.
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