An initial public offering (IPO) marks a significant milestone for a company as it allows the company's transition from private to public ownership.

With IPOs worth Rs 30,518 crore launching this week, it is important to understand the key basics of the public offering in the primary market.

Here's the beginner's guide to the primary market on the Dalal Street:

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What is an IPO?

An initial public offering (IPO) is the process through which a private company becomes public by selling a portion of its shares for the first time to the public in the primary market.

The selling of shares allows companies to raise capital for expansion, pay off debt, finance new projects or for general corporate purposes.

Primary market, per se, is where the newly crea

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