IPO stands for Initial Public Offerings. This is a method that companies use to go public which will make the shares available in secondary markets ie; NSE and BSE.

Companies hire underwriters/Investment Banks who do an extensive calculation and research to set the price band.

Upon getting the approval from the SEBI, the company with the help of lead managers and investment banks, decides the date of issue.

Few roles of registrar involve, processing of IPO applications, allocate shares to applicants based on SEBI guidelines, process refunds and transfer the allocated shares to the demat accounts.

Lead managers play a crucial role in guiding the company through the process of going public. They are involved in initial planning stages to post-IPO activities.