what happens to the remaining unsold stocks of an IPO?
Felicita asks:
A very big company is puting in the market 600 million shares as an IPO offering. only 31% has been subscribed.
A very big company is puting in the market 600 million shares as an IPO offering. only 31% has been subscribed.
Related questions:
- DLF IPO :how to pay the remaining amount online? Lissette asks: I had applied for 150 shares for DLF IPO through ICICI direct account choosing part payment option. Now...
- relience power ipo app.No 56017786 for 225/- share. alloted 17 shares But remaining amount not created in a/c. Beverlee asks: Name of applicant - Neelam Saini Ref 7840795 Refund No. 1965599 Application No 56017786 Total Amount 25875/- for...
- Stockmarket, IPO: money goes to company, later: stocks & money just change hands between investors? Francoise asks: In stock market, first the money goes to company who issues it (IPO), there's no real deposit of...
- How do you realize profit from stocks? Jann asks: For example, Netflix IPO was 15 bucks/share and sold 5.5 million in 2002. Today their stock trades at...
- What determines the number of shares the company has to sell in an IPO?the money they need? Anisha asks: Lets say a company(400,000 shares) wants to raise $1 million by selling half of the company(200,000 shares). would...
When a company offer an IPO (Initial public offering) there must be some banking or non banking financial institutes who manage this if the shares under subscribes than the remaining shares must be purchasen by that managers/ organisers.
The unsold IPO stocks are taken up by the underwriter, usually a bank or financial institution that was actively involved in the IPO process