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21, September 2017 04:55 AM
Wednesday, Sep 20 2017 12:00:00 AM      Mutual funds step up buying      Axis Dynamic Equity Fund, Axis Equity Fund, Axis Focused 25 Fund and Axis Midcap Fund Announces Change in Exit Load Structure      Reliance Mutual Fund Announces Dividend under two schemes      L&T MF Announces Dividend under three schemes      IDBI MF Announces dividend under two schemes       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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