New Delhi, June 8 -- A company's Initial Public Offering (IPO) is a pivotal moment in its development, marking the transition from a privately owned firm to a publicly traded one. In an IPO, a company makes its shares available to the public for the first time, allowing it to raise capital from a wide range of investors.

The money raised is usually allocated to expanding the business, launching new products or initiatives, paying down debt, improving the balance sheet, or supporting future growth strategies. In addition to raising capital, an IPO boosts a company's visibility, credibility, and market standing, while also offering liquidity to current shareholders and early backers.

Nevertheless, going public is a complicated and heavily...