Issuer: The issuer in an Initial Public Offering (IPO) is the pivotal entity responsible for introducing its stocks to the public arena with the primary objective of raising capital. This strategic move signifies a crucial phase in the company’s growth trajectory, as it opens its ownership to external investors.
Underwriter: An underwriter, typically a financial institution, banker, or broker, plays a crucial role in the IPO process by assisting the issuing company in underwriting its shares. Serving as a mediator between the issuing entity and the public, underwriters facilitate the smooth transition of shares from the company to potential investors.