What is an IPO and How Does the Process Work?
ig.com
What is an IPO and How Does the Process Work?
Learn how to trade IPOs with IG. A beginners’ guide to initial public offerings, their performance history, and how they work.
Dec 11, 2020
Initial public offering IPO News
The initial public offering (IPO) of Anand Rathi Share and Stock Brokers opens for subscription today. The company plans to raise Rs 745 crore through a fresh issue of shares to meet its long-term working capital needs. After the issue, the stake of its promoter, Anand Rathi Financial Services, will decline from 98 percent to about 70 percent. The company is valued at Rs 2,596 crore at the upper band of the IPO price of Rs 414 per share. Catch Nandita Khemka in conversation with Pradeep Gupta, C
The initial public offering (IPO) of Anand Rathi Share and Stock Brokers opens for subscription today. The company plans to raise Rs 745 crore through a fresh issue of shares to meet its long-term working capital needs. After the issue, the stake of its promoter, Anand Rathi Financial Services, will decline from 98 percent to about 70 percent. The company is valued at Rs 2,596 crore at the upper band of the IPO price of Rs 414 per share. Catch Nandita Khemka in conversation with Pradeep Gupta, C
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