The government of india used ipo to divest from?
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the ipo is a part of the government strategic...... powar to lower the cost of electricity for indian railways.....
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The government of india used ipo to divest from investors. The full form of IPO is "Initial public offering (IPO)".It is launched by the government which works like intermediate. In IPO shares of a company is sold to the investors.
In the process of IPO , company who wants to sell his shares , makes a contract that is written by banks which is called underwriters. Then the banks offer that shares to investores.Underwriters/ banks are act as intermediate between the company and investors.
Initial public offerings can used to gather money for future bussiness .
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