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When ipo issued first time in India?

Updated: 9/17/2023
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Which company Issued for first IPO in India?

India's first IPO by a KPO firm. Mumbai-basedeClerx Services has filed for an IPO with Indian market regulator SEBI to raise Rs 101 crore ($25.6 million) from the capital market. This involves a fresh issue of shares and an offer for sale from the promoters and one of its investors Burwood Ventures.


What is an IPO as it relates to the stock market?

An initial public offering, or IPO, is the first sale of stock by a company to the public. A company can raise money by issuing either debt or equity. If the company has never issued equity to the public, it's known as an IPO.


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First Bancorp (FBNC) had its IPO in 1987.


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