Mutual Funds
An initial public offering (IPO) is the first sale of stock by a company. Small companies looking to further the growth of their company often use an IPO as a way to generate the capital needed to expand. It gives capital to companies for expansion. Capital can be used to fund capital expenditure, fund research and development (R & D), or even used to pay off existing debt.
The primary market provides investors, opportunities to buy shares at a reasonable price before its upcoming IPO listing price. Additionally, retail investors also enjoy discounted rates while applying for Upcoming IPOs. Holding on to the shares also provides an opportunity to participate in the future success of these companies.
* Get stock at lowest possible price
* Short term profit with lower risk
* Hassle free ASBA process
* Meet long term goals
* No brokerage while applying in New IPOs
* Be a part of company's growth story