Apply in Time: It is generally advised to apply on the very first or second day so as to maximise your chances of allotment. However, if you wish to gain a sense of the level of over subscription, you could consider waiting a day or two. Avoid Big Applications: There is a time and ...
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Usually, when a company has reached unicorn status, i.e., when its private valuation is approximately $1 billion, it considers going public. However, this is not the sole qualifying feature for IPO, as depending on the market competition and your ability to meet listing requirements, private ...
A 24-year-old couple from Mumbai said, “We met through a dating app and decided to book an OYO for a stay. Since both of us live with our parents, it’s really challenging to have a private date night in the city. Finding a place to spend time together is not easy in such circ...
“I had three big distributors that took in the first allotment of cars. I had them set up to buy 2,000 vehicles in the first year from Kandi. We had the documentation but from what I understood they forged it, they faked it……Customs got them and said if you don’t get these ca...
Facebook, in its IPO filing, said it stores over 100 petabytes (PB) of media (photos and videos). It's not unrealistic to say that Facebook probably has a total storage of capacity well beyond that, once you factor in backups and other data (status updates, likes, and so on), poss...
purchases the stocks from the company for resale to the public. To reduce its own risk, the investment banker may form an underwriting syndicate of other investment bankers to co-purchase the shares. The underwriting syndicate forms a selling group to sell specified allotments of the issue. The...