Pre IPO placement refers to the placement of a portion of the shares of the company to select investors ahead of an IPO. This pre-IPO placement is normally done to mutual funds, private equity funds, hedge funds, family offices etc. It is normally priced around the IPO price.
When your broker opens your trading account, they typically open a trading cum demat account. That is because these two accounts normally go together. What is a demat account and how to open a demat account are the basic questions?
Your trading experience begins with the opening of a trading account and a demat account with your broker. It is always preferable to activate your online trading account and online demat account simultaneously so that your trading process flow can become seamless.
