You guys might be knowing what is IPO? If not let me tell you, 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. If the company has never issued equity to the public, it's known as an IPO. Companies use this money for growing their business. I am telling this of 2010 instance. I bought coal India IPO and made ample listing profit. After getting confidence I bought one more IPO which came in the year 2010.That stock name is CommercialEngineers and BodyBuildersCo. This company is into railway projects . The IPO Issue Details as below: Number of shares: 12.24 crore shares Issue duration: 30th September-5th October Issue Price: Rs125 - Rs127 per share Face value: Rs10 per share Minimum order quantity: 55 shares Listing: BSE, NSE Lead book running managers: ICICI Securities Ltd and Edelweiss Capital Ltd I did some of my initial an...
Personal Finance and Stock Investing Made Simpler