The Role of Underwriters in IPOs
Underwriters play a pivotal role in the process of Initial Public Offerings (IPOs), acting as intermediaries between the issuing company and the public. Their responsibilities are multifaceted and crucial for the success of an IPO. Here’s an in-depth look at the role of underwriters in IPOs.
Introduction to Underwriters
Underwriters are typically investment banks or financial institutions that manage the issuance and distribution of new securities. In the context of IPOs, they help companies navigate the complex process of going public.