How IPO Works in India

An Initial Public Offering (IPO) is a transformative event for any company. In India, the process is strictly regulated by SEBI to ensure transparency. But how does an IPO work? It starts with the company appointing merchant bankers and filing a draft prospectus (DRHP).

Once SEBI approves, the company announces the price band and dates. Retail investors can then bid for shares. If you are new to this, read our guide on What is IPO to understand the basics.

After the bidding window closes, the registrar processes the applications. The final step is the listing on NSE and BSE. Keep an eye on the IPO calendar for the latest opportunities.