Whois & Analysis for livemint.com

Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time.

Through this process, a privately held company transforms into a public company.

Initial public offerings are mostly used by companies to raise the expansion of capital, possibly to monetize the investments of early private investors, and to become publicly traded enterprises.

A company selling shares is never required to repay the capital to its public investors.

After the IPO, when shares trade freely in the open market, money passes between public investors.

Although IPO offers many advantages, there are also significant disadvantages, chief among these are the costs associated with the process and the requirement to disclose certain information that could prove helpful to competitors.

The IPO process is colloquially known as going public.

The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Kala Ghoda, Mumbai (formerly Bombay), Maharashtra, India.

Established in 1875, the BSE is Asia’s first stock exchange.

It claims to be the world's fastest stock exchange, with a median trade speed of 6 microseconds.

The BSE is the world's 11th largest stock exchange with an overall market capitalization of $1.43 Trillion as of March, 2016.

More than 5500 companies are publicly listed on the BSE.

India, officially the Republic of India (Bhārat Gaṇarājya), is a country in South Asia.

It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world.

It is bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast.

It shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the northeast; and Myanmar (Burma) and Bangladesh to the east.

In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives.

India's Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai.NSE was established in 1992 as the first demutualized electronic exchange in the country.

NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.

The S&P BSE SENSEX (S&P Bombay Stock Exchange Sensitive Index), also-called the BSE 30 or simply the SENSEX, is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange.

The 30 component companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy.

Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India.

The base value of the S&P BSE SENSEX is taken as 100 on 1 April 1979, and its base year as 1978–79.

On 25 July 2001 BSE launched DOLLEX-30, a dollar-linked version of S&P BSE SENSEX.

As of 21 April 2011, the market capitalisation of S&P BSE SENSEX was about (47.68%.