Orient Technologies IPO Listing Live Update at 9:44 AM
How Will the Company Use IPO Proceeds?
Orient Technologies plans to utilize the proceeds from its IPO for the following purposes:
- Business expansion
- Research and development
- Working capital requirements
What is Initial Public Offering Discount?
Initial Public Offering (IPO) Discount refers to a discount from the Fair Market Value, as determined by the company, to incentivize investors to purchase shares during the IPO.
Borrower Solicitation of Discount Range Prepayment Offers
Borrower Solicitation of Discount Range Prepayment Offers involves the borrower requesting offers for prepayment of a loan at a discount within a specified range.
IPO GMP: IPO Grey Market Premium
IPO Grey Market Premium (GMP) represents the premium that grey market operators are willing to pay for shares of a company before the official listing on the stock exchange.
Underpricing in IPOs
Underpricing refers to the practice of listing an IPO at a price below its perceived fair value in the stock market, often used to generate investor interest.
Eligibility for BSE and NSE Listing
Companies with a minimum post-issue paid-up capital of Rs 10 crores are eligible to raise funds and get listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Significance of IPOs for Companies
An Initial Public Offering (IPO) is a major milestone for companies, as it allows them to raise capital and transform from privately held entities to publicly listed companies.
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