ET in the classroom: The process of filing for an IPO
ET in the classroom: The process of filing for an IPO 1. Company’s ground work for an Initial Public Offering The company appointed as merchant banker prepares the offer document or draft red herring prospectus and file the same with the regulator and the exchanges. To protect the interest of retail investors, a portion of the issue will be reserved for retail investors. In IPO process, retail investor is defined as anyone who is applying upto Rs 2 lakh in an IPO. What is the cut-off system in the bidding process? However, if the minimum allotment is already fixed as Rs 5,000, company can’t make allotment below that. Once the allotment is done, issuer company sends shares into the depository account of investors. If the issue is oversubscribed, refund of money is given to the investors who applied through normal route. On the other hand, under ASBA, the entire Rs 1 lakh will be with the bank and the issuer company will retrieve money from investor’s account only after the allotment is finalised.
Other Videos By asddqq
Other Statistics
The Classrooms Statistics For asddqq
asddqq presently has 6 views for The Classrooms across 3 videos, with his channel publishing less than an hour of The Classrooms content. This makes up less than 0.20% of the total overall content on asddqq's YouTube channel.