| SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES |
VOL. 1 |
NO. 1 |
PAPER 10 |
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INTIAL PUBLIC OFFER: A NICHE STUDY ON NATIONAL THERMAL POWER CORPARATION (NTPC) |
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| J.A. Arul Chella Kumar* and T. Nandhini** |
| * St. Joseph’s College, Trichy, India |
| ** Seethalakshmi Ramaswami College, Trichy, India |
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| The capital market is the place where the medium term and long-term
financial needs of business are met. Primary capital market is a market
for raising fresh capital from public by floating fresh capital
instruments like shares, debentures and bonds. Recently Indian capital
market strengthened itself by the floatation of Initial Public Offer by
companies. The paper is visualizing the need for Initial Public Offer
for National Thermal Power Corporation |
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