What is a Prospectus? Prospectus is an invitation issued to the public to offer for purchase/subscribe shares or debentures of the company. In other words, any advertisement offering
Distribution functions of new issue market. The distribution functions of new issue market are detailed under the following headings. Prospectus. Offer for sale. Private placement. Bonus Share. Book
Who are Speculators? The speculators are not genuine investors. They buy securities with a hope to sell them in future at a profit. They are not interested in
Re-issue of the Forfeited Shares When shares are forfeited, such shares become the property of the company and the directors can deal with them in any way they
Who can act as Lead Managers? Category I Merchant bankers can only act as Lead Managers. SEBI has specified the maximum number of lead managers based on issue
Differences between equity shares and debentures The following are some of the differences between equity shares and debentures 1. Motive of issue Equity Shares: Equity shares are issued
Difference between Equity & Preference Shares The following are some of the difference between equity shares and preference shares. The above table lists some of the differences between
A private company can start business as soon as it gets the certificate of incorporation. It is prohibited by law to issue any prospectus, inviting the general public
What is book building process? It is a process used in IPOs for efficient price discovery. The price at which securities would be offered is not known initially.
Important functions of stock exchanges The following are some of the important functions of stock exchange. For more, refer this article: What are the functions of stock exchange?