GRP IPO year
What is the IPO year of GRP?
The IPO year of GRP Limited is 2015
What is the definition of IPO year?
Initial public offering is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time.
Through IPO a privately held company transforms into a public company. Initial public offerings are mostly used by companies to raise the expansion of capital, possibly to monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. After the IPO, when shares trade freely in the open market, money passes between public investors.
Although IPO offers many advantages, there are also significant disadvantages, chief among these are the costs associated with the process and the requirement to disclose certain information that could prove helpful to competitors.
The IPO process is colloquially known as going public. Details of the proposed offering are disclosed to potential purchasers in the form of a lengthy document known as a prospectus. Most companies undertake an IPO with the assistance of an investment banking firm acting in the capacity of an underwriter. Underwriters provide several services, including help with correctly assessing the value of shares.
IPO year of companies in the Consumer Discretionary sector on NSE compared to GRP
What does GRP do?
GRP Limited manufactures and sells reclaimed rubber sheets for tire and non-tire rubber goods industries in India and internationally. The company operates through Reclaim Rubber and Others segments. It offers reclaimed natural and synthetic rubber products for use in inner liners and tubes, tire side walls and piles, tire treads and retreads, conveyor belts, molded goods, adhesives, and footwear, as well as rubber mattings, profiles, and roofing; and POLYCOAT, an elastic powder in compounded form, which is used in NBR based molded products, metal to rubber bonded parts, NBR based oil seals, NBR matting/sheeting, NBR-PVC blend, tires, conveyor belt, molded products, sheeting / matting, tread rubber, seals/gaskets, and flaps applications. The company also provides industrial polymers comprising glass filled and unfilled reprocessed nylon 6 and modified nylon 6,6 used in automotive, electrical and electronics, consumer goods, and industrial applications; and custom die forms consisting of link, door, and industrial mats, as well as dock bumpers primarily for use in civil and agricultural industries. In addition, it generates power from windmill; and offers thermoplastic elastomers. The company was formerly known as Gujarat Reclaim and Rubber Products Limited and changed its name to GRP Limited in June 2012. GRP Limited was incorporated in 1974 and is based in Mumbai, India.
Companies with ipo year similar to GRP
- Global Brands has IPO year of 2014
- Antibe Therapeutics has IPO year of 2014
- ArcelorMittal 5.50% Mandatorily has IPO year of 2014
- The Toronto-Dominion Bank PFD SER 5 has IPO year of 2014
- WisdomTree EURO STOXX Banks 3x Daily Leveraged has IPO year of 2014
- Horizons Us Lrg Cap Eqty Cvrd C has IPO year of 2014
- GRP has IPO year of 2015
- Larsen & Toubro Infotech has IPO year of 2016
- Escape Hunt plc has IPO year of 2016
- SiteOne Landscape Supply Inc has IPO year of 2016
- Lloyds Steels Industries has IPO year of 2016
- Liberty Media has IPO year of 2016
- Atlanta Braves Inc has IPO year of 2016