Sebi, investment bankers turn cautious as IPO market faces uncertainty

Subject :Economy

Section: Financial Market

IPO is the selling of securities to the public in the primary market.
Primary market deals with new securities being issued for the first time. It is also known as the new issues market.
It is different from secondary market where existing securities are bought and sold. It is also known as the stock market or stock exchange.
It is when an unlisted company makes either a fresh issue of securities or an offer for sale of its existing securities or both for the first time to the public.
It is generally used by new and medium-sized firms that are looking for funds to grow and expand their business.