FLOW CHART OF IPO

BY SUKHDEEP SINGH Click to edit Master subtitle style

What is IPO

An initial public offering or initial purchase offer (IPO), referred to simply as an "offering" or "flotation", is when a company (called the issuer) issues common stock or shares to the public for the first time. They are often issued by smaller, younger companies seeking capital to expand, but can also be done by large privately owned companies looking to become publicly traded. In an IPO the issuer obtains the assistance of an underwriting firm, which helps determine what type of security to issue (common or preferred), best offering price and time to bring it to market.
source:http://en.wikipedia.org/wiki/Ini tial_public_offering

PRE LAUNCH

APPOINTMENTS:- lead mangers/banker to issue/registrar to issue/trustee/ publishing/ legal adviser/ auditors/underwriters TERMS/PRICE OF ISSUE:- price discovery/books building/ underwriting arrangement/ statutory clearance(sebi Bse / Nes listing approval)

ACTUAL LANUCH

START DATE:- prospectus, application form with bank/brokers. Actual application along with cheques, banking activities(back end):-credits accounts information and details to lead manager and registrar to issue CLOSING DATE:- public notification on closer or issues

POST LAUNCH
1)

FINALIZE STATUS OF ISSUE :over subscription :- allotment [ lead manger & company and registrar] and refunds set out. full subscription. under subscription:- under write dessolves on underwriters

POST LAUNCH
2) REPORT ON CLOSURE :- SEBI AND BSE/NSE