What is an IPO? Does BIRLA SUN LIFE INSURANCE invest in IPO’s?
When a company approaches the capital market with an issue of shares for the first time, the issue is called an ‘Initial Public Offering’ or an IPO. This process makes the way for listing and trading of the company’s equity shares on the stock exchanges. BIRLA SUN LIFE INSURANCE invests in IPOs of fundamentally strong companies. Prior to investing, BIRLA SUN LIFE INSURANCE conducts an in-depth research of the company with an emphasis on management quality and capabilities. An interaction with the company management is also undertaken to get a better understanding of their business model and future plans.
