Initial Public Offerings (IPO) are issuances of shares by a company that is not yet listed on the stock exchange but wants to be. Public offers are one of the ways in which companies raise money and are preferred over taking on debt which can be expensive due to interest payments.
In the calendar year 2021, 65 companies went for an IPO in India.
Investments in securities are subject to market risks. Read all the related documents or product details carefully before investing. Wealth Technology & Services Private Limited ("WealthDesk") is a 100% subsidiary of PhonePe Wealth Broking Pvt Ltd. Investments in WealthBaskets are subject to the Terms of Service. https://share.market/terms-conditions
WealthDesk is a platform that lets you invest in systematic, modern investment products called WealthBasket.
