Finance Dictionary
IPO
Initial Public Offering — when a private company offers its shares to the public for the first time on a stock exchange. Investors can apply for shares before listing.
Example
Zomato's 2021 IPO at ₹76/share raised ₹9,375 Cr; it debuted at ₹115 — a 51% listing gain.
Related
GMPASBAAllotmentListing GainLock-in Period