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.
In 1986 they took their company public.
John Hancock Financial Opportunities Fund (BTO)had its IPO in 1994.
John Hancock Preferred Income Fund (HPI)had its IPO in 2002.
John Hancock Pfd Income Fund II (HPF)had its IPO in 2002.
Firstly, the official name of SEBI is "Securities and Exchange Board of India".Now to your question. The Securities and Exchange Board of India (SEBI) was formed in 1992 with the SEBI Act 1992 (see related links for article.) being passed. SEBI is responsible for the needs of three groups of people:the issuers of securitiesthe investorsthe market intermediaries.SEBI has three functions in its body: quasi-legislative, quasi-judicial, and quasi-executive. It drafts regulations in its legislative capacity, it conducts investigation and enforcement action in its executive function and it passes rulings and orders in its judicial capacity. Although this makes SEBI very powerful, there is an appeals process to create accountability. There is a Securities Appellate Tribunal which is a three member tribunal and is presently headed by a former Chief Justice of a High court - Mr. Justice NK Sodhi. A second appeal lies directly to the Supreme Court.SEBI has enjoyed success as a regulator by pushing systemic reforms aggressively and successively (e.g. the quick movement towards making the markets electronic and paperless rolling settlement on T+2 basis). SEBI has been active in setting up the regulations as required under law.This is the role of SEBI in India.
Depends on company
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.
First NBC Bank Holding Company (NBCB) had its IPO in 2013.
Coal India Limited (CIL)
An IPO is the Initial Public Offering a company makes when first becoming a publicly traded company
IPO stands for Initial Public Offering. An IPO is the first stock offering a company makes to the public. Source: http://www.ipoboutique.com
Ipo is the first sale of stock by a company. Small business looking to expand the growth of their company will use IPO stock options. This is a smart way to go big.
The ExOne Company (XONE) had its IPO in 2013.
The Medicines Company (MDCO) had its IPO in 2000.
FEI Company (FEIC) had its IPO in 1995.
Macerich Company (The) (MAC)had its IPO in 1994.
McClatchy Company (The) (MNI)had its IPO in 1988.