What is IPO : Initial Public Offering ?
IPO is an offer by which Public Limited Company invites general publics to buy its new shares to collect additional required capital from primary market.
IPO requires fulfilling two conditions:
1. The company must be a Public Limited Company.
2. The Company must be listed to the Share market (SEC, DSE, and CSE).
For Example : Grameen Phone raised their capital through IPO.
You may have interest about the followings
What is Authorized Capital ?
What is Public Limited Company ?
What is Profit ?
What is Dividend ?