Initial public offer (IPO) :

When a company wishes to raise capital from the general public & institutions by way of diluting its stake of ownership, the process  is known as Initial Public Offer, as it is launched for the first time for the general public. Recently, we have see the spectacular response to the IPOs of companies such as IRCTC, where in the shares upon listing jumped to the historic unseen levels. These have always been the favourite choice of retail investors