NISM Professor

Pre-IPO Shares

Shares with unique identification numbers issued to employees or institutional investors, including Category III AIFs, before shares are offered to the general public in an IPO, at a discount to the issue price and…

This one is not written up yet

The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.

Written up from the same chapter

Where this is taught

Free preparation for NISM Series XIX-B
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