07-Basic of Stock Market
IPO, OFS, FPO etc
📝 Topics Covered
- 7.1 📈 The Landscape of Share Offerings
- Defining IPO, OFS, FPO, Fresh Issues, and Rights Issues
- 7.2 💼 Foundations of Corporate Capital
- Authorized Share Capital vs. Issued Share Capital
- 7.3 🚀 The IPO Pipeline & Merchant Bankers
- Initial Public Offering mechanics & ASBA application schedules
- Merchant Banker (Book Runner / Lead Manager) operations
- Red Herring: DRHP vs. RHP steps
- 7.4 💵 IPO Pricing: Fixed vs. Book Building
- Floor Price, Cap Price, and the 90% Subscription mandate
- Cut-off price calculation with a bidding simulation table
- 7.5 💳 ASBA: Blocked Funds Allotment Security
- Risk-free bidding with temporary bank hold mechanics
- 7.6 🏷️ OFS vs. FPO Mechanics
- Offer for Sale (OFS) retail vs. non-institutional windows
- Follow-on Public Offerings (FPO)
- 7.7 📖 Essential Primary Market Glossary
- Issue vs. Listing Price, RTAs, Escrow Accounts, and Collaterals