Can a public bank receive money from overseas?
Yes, a regular person can buy shares in an Initial Public Offering (IPO), provided they meet certain eligibility requirements. To participate, an individual generally needs a valid PAN card, a Demat account for holding shares electronically, and often a trading account for future selling. IPOs are marketed as an opportunity for retail investors to buy into companies early, often at a fixed or transparent price before the shares begin trading publicly on the stock exchange, where market forces subsequently determine the price [1.4.1].
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