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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Market basics

An IPO receiving applications for more shares than are on offer, reported as a multiple of the issue size.

In plain terms

Read it by category, never by the headline. QIB demand is the informative number, and a large multiple on a small issue is easy to generate while saying almost nothing about the business.

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Indian stock market glossary · Market Vidyalaya