So today in this video we are going to discuss two IPOs. You will also get to know whether you should invest in these IPOs or not. Like the IPO of Office Space Solutions has come in front of you and an SME IPO has also come. Whose IPO has come in front of you? The IPO of GSM Falls has come in front of you. So we are going to do a detailed analysis on this. Actually, in this video you guys are going to learn that after today if any IPO comes in front of your eyes, should you invest in it or not? If you want to invest then what things should you pay attention to? If you do not want to invest then why not? So whenever you go to your demat account, you can find out here. As soon as I go up and go to More and go to IPO, all the IPOs that have come here will come in front of me. So first of all, this IPO of GSM Falls is an SME IPO. We will discuss about it here a little later. Look, the IPO of Office Pay Solutions Limited has come. Now why are you looking at it twice? One is here and one is here. So here when EP is written it means this is for the employees of the company. Are you an employee of this company? If not then you cannot apply, but you can apply. Now before applying what is the benefit of this? What is IPO? Well, Initial Public Offer. So whenever a company wants to raise money for the first time, yes, it wants to get listed in the share market. Anyone can buy and sell its shares on the exchange. For this it is listed. And what happens with this is that the company which is raising money tells you what it is going to do with it. So basically the company uses the money in two ways. One is Offer for Sale. What does offer for sale mean that if I am raising money here, I am the promoter of the company, I have shares, so I am selling my shares, this is called OFS, offer for sale, okay and what is the purpose of IPO, which is a fresh issue, so fresh issue means that the company which is raising money, this company is going to use it for its growth, so what is good is that the company asks for money for its growth so that the shareholders who are already there, whether they are promoters, come and sell their shares, then when anyone who has an assisting shareholder comes and sells his shares, which is not very good, if he has faith in the company, he feels that it will go up from here, then why is he selling, he is coming to book profit that brother right now the market is running, so what happens whenever there is a bull run in the market, right now you are looking at Nifty, Nifty has made its all time high, Nifty is running, so what we see whenever there is a bull run in the market, different companies They go and bring their IPO. Okay because they see that the market is going up. People think that if they buy, buy, buy, then their shares will also be bought. That is why when the market is in a bull run, more IPOs come. When the market is in a bear run, when the market is falling, then not so many IPOs come in the market. When the market is falling, when the bull run is going on, then a lot of IPOs come. So right now we were discussing IPO. Now it is important to understand what you see in this IPO. First of all, IPO comes for a limited time period. We are okay. Like here you can see that this IPO is open from 22nd to 27th. Should you invest in it or not? Now understand how much money they are asking for. If you look at the first thing, they are saying that you will buy at least 39 shares at a time, this means we will call it one lot, that is, one lot of 39 shares, you have to buy at least 39 of our shares, what is it saying here is that you have to buy at least 4000 shares, okay, SME IPO is a little expensive for retailers, let me explain you what does SE mean, SME means Medium Enterprise, this is a special category IPO, now what happens inside it, see here there are 4000 shares, if the price is 8, then you have to invest at least 8, okay, if you want to apply in SME IPO, but if you are a normal IPO in which retailers can easily invest, what happens in this is that they will never ask you for more than 15000, so in 39 you take the upper band, there are two prices in it, like if an IPO is undersubscribed, then you can put a limit on the lower price band, maybe you will get whatever is good When IPO comes, you will never get it in low price band, it will always be available here in high price band. But what happens is that you can bid anything from this price to this price, you can bid that I want to buy at this price, if the bid comes then you will get it, if it comes then you will not get it, but a good IPO is never available below the high price band.