For users based outside India

Indian Terminology

If you are based outside India, you may like to familiarise yourself with some of the Indian terminologies used by us in this website.

Rs. : Rupees (Indian Currency)
Conversion Rate : Appr. 1 US$ = Rs. 55.00
Crore : 10,000,000
Lakh/Lac : 100,000
Merchant Banker : Investment Banker
RBI : Reserve Bank of India, the apex Central Bank
SEBI : Securities and Exchange Board of India, the Indian regulatory body
Public Issue : Offer to the public through a prospectus. Includes both IPOs as well as secondary offerings made by listed companies to public
Rights Issue : Offer by a listed company only to its existing shareholders

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