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IPO

What is an IPO (Initial Public Offering)? Who decides the Price Band of an IPO?

What is an IPO (Initial Public Offering)?

ipo

Initial Public Offering (IPO) is the process by which a company raises funds through sale of its stock to the investors for the first time. Generally with the help of an IPO, a private company goes to the general public and gets listed on stock market exchange. In other words, it can be said that in the name of an IPO, a company raises equity capital by issuing new shares to the public and these shares are further traded in an open market. Continue reading

Saving Rs. 30 a day can make you a Crorepati!

Saving Rs. 30 a day can make you a Crorepati!

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Becoming a Crorepati is a dream for every investor and it comes true by saving just Rs 30 a day, but how? Start investing in any of the diversified mutual fund through SIP (Systematic Investment Plan). But the fact is that start SIP as early as possible because the early you start investing the early you become a Crorepati. Warren Buffet the world’s most renowned and successful investor who ranks second in of the world’s billionaires list started investing in stocks at the age of just eleven.

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