CM - Capital Markets
CM-03 - Investing in Initial Public Offerings
Understanding Evaluating Applying and Monitoring IPO Investments in Pakistan
Foundation
English
IFMP-Team
1h 48m
Duration
1
Section
9
Lessons
Yes
e-Certificate
About this course
This course explains how a Pakistani investor can understand, evaluate and participate in an initial public offering. It distinguishes equity and debt offerings, fresh issues and offers for sale; explains the prospectus, book building and fixed-price methods; shows how eligible bidders and retail investors apply; and covers allocation, listing, post-listing monitoring and the principal risks. The course focuses mainly on equity IPOs and does not recommend any issuer or offering.
| Course element | Specification |
|---|---|
| Course code | CM-03 |
| Level | Foundation |
| Audience | Pakistani students, beginners, first-time investors and professionals seeking practical knowledge of public offerings |
| Mode | Self-paced online learning on the IFMP portal |
| Maximum duration | 120 minutes |
| Assessment | Six module checks and a 12-question final quiz |
| Completion standard | At least 70 percent in the final quiz |
| Certificate | Digital certificate after successful completion |
| Prerequisite | CM-01 Introduction to Pakistan's Capital Market and CM-02 Investing in Shares, or equivalent basic understanding |
What you'll learn
- Explain public offerings, IPOs and secondary public offerings and distinguish equity from debt securities.
- Distinguish a fresh issue from an offer for sale and identify who receives the proceeds.
- Review a prospectus and locate the offer structure, use of proceeds, financial information, valuation, risks and application instructions.
- Explain fixed-price and book-building methods, including floor price, price band, bidding book and strike price.
- Follow the prescribed book-building or retail e-IPO application process and understand allocation, refund and credit of securities.
- Assess IPO-specific risks and monitor official disclosures and performance after listing.
Requirements
- CM-01 Introduction to Pakistan's Capital Market and CM-02 Investing in Shares, or equivalent basic understanding
Curriculum
1 section · 9 lessons
Investing in Initial Public Offerings 9 lessons
- Module-1 : Public Offerings and IPO Structure 15 min
- Module-2 : Reading and Evaluating the Prospectus 20 min
- Module-3 : IPO Pricing and Book Building 20 min
- Module-4 : How Investors Participate 25 min
- Module-5 : Allocation Listing and Post Listing Monitoring 15 min
- Module-6 : Benefits Risks and Investor Discipline 10 min
- Applied Learning Activity 1 min
- Investor Glossary 1 min
- Learner Disclaimer 1 min
Quizzes
CM-03 : Final Assessment
Exam · 12 questions · 10 min
Free
Enrollment for this course isn't open yet. Check back soon.
- Lifetime access
- e-Certificate of completion
- Foundation level