IPOs: Concepts and Experiences

One of the striking features that makes any capital market an attractive investment avenue is its liquidity. In this regard, the importance and relevance of Initial Public Offers (IPOs) go beyond explanation. Simply speaking, IPOs serve the purpose of companies going public; the process by which the business owned by one or several individuals is converted into a business owned by many. Several experts are of the opinion that, IPOs strengthen the financial architecture of the entire capital market by enhancing liquidity, while others say, that they bring along with it an array of fraudulent practices that have a strong potential of eroding the investors’ confidence. From the company’s point of view, an IPO can even mark the turning point in an organization’s life. Following an IPO, a company can increase its growth potential, launch its new products as well as enter new markets. IPOs are a general feature of any booming capital market that increases the overall market capitalization. Of late, the global capital markets have performed considerably well and one primary reason attributed to the same is the surge of public offers that have flooded the markets. This book titled "IPOs: CONCEPTS AND EXPERIENCES" deals with various conceptual parameters of IPOs such as their pricing mechanisms, valuation methods, timing of the offers, technology impact on IPOs and various other related issues. In its entirety, the book itself is a comprehensive guide to the various trends witnessed in the IPO market amidst the volatile environment.