Why does a company go for an IPO?
Characters: Neha, 22 years, engineering student. Vijay, 24-year-old chartered accountant, Neha’s brother. Renuka, 48 years, housewife, Neha’s mom. Rajesh, 52 years, banker, Neha’s dad. “Hi everyone,” said Neha, as she came home from college and walked into the living room, where her family was having hot pakodas. After freshening up, she came and sat next to her dad. He looked at her inquiringly. Popping a piece of pakoda into her mouth, she said: “Dad, I’ve decided to invest my savings.” Her brother laughed aloud. “Have you won a lottery? I didn’t know you had so much excess savings. You can lend me some money and I’ll invest it if you want.” “Ha, ha”, replied his dad in a bored voice. “It is actually a very good idea to invest your savings. What do you have in mind Neha?” he asked. “I hear that a very reputed company is coming out with an Initial Public Offering (IPO). Can I invest in that?” Her mom overheard and paused to ask: “What is an IPO and how does it work?” Vijay began speak
