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27, May 2017 05:51 AM
Friday, May 26 2017 12:00:00 AM      HDFC EOF-II-1126D May 2017 (1) Floats On      SBI MF Announces Rollover under SBI Debt Fund Series A - 27 (366 Days) & 28 (367 Days)      Axis MF Announces change in Fund Management Responsibilities of Axis Equity Advantage Fund - Series I      UTI Fixed Term Income Fund Series XVIII - XIII (366 days) Announces Dividend      Taurus Starshare Fund Announces Dividend       MUTUAL FUND NEWS
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An initial public offering (IPOs) is a public offering where shares of stock in a company are sold to public for the first time. IPOs are used by companies to raise capital.

A company selling shares is never required to reimburse money to its public investors. With IPOs the shares trade freely in the open market and money is circulated between public investors. This also has disadvantages as for IPOs the company has to provide information to public which can be used by the competitors.
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