BusinessPhoto: News18Hi BusinessWhat is an IPO and How Does It Work from Allotment to Listing?
Jio's IPO is currently a hot topic. An IPO, or Initial Public Offering, is when a company offers its shares to the public for the first time. Companies launch IPOs to raise capital. Investors participate by buying shares, and after investment, shares are allotted through a defined process before the company gets listed on the stock exchange.
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