Bureau Of Indian Standards
Definition of Bureau Of Indian Standards
BIS was established in 1986 and was rebranded from the Indian Standards Institution (ISI) to BIS during the year to adapt to the changing product landscape of India.
Related Terms
Risk-Free Rate of Return
Bombay Stock Exchange
Compounded Annual Growth Rate (CAGR)
CAGR is an indicative measure of yearly returns growth that assumes the profits are reinvested. The formula to calculate Compound Annual Growth Rate is:
CAGR = [(Ending value/Beginning Value)^(1/N)]-1
Stop Loss Order
Issue Price
Book Running Lead Manager
For context, there was a time when physical ownership certificates were issued. If someone wanted to sell their shares, they’d have to present the ownership certificate and get it transferred to the buyer.
Also known as the book runner, the book running lead manager handles these crucial elements of the underwriting process:
- Perform due diligence
- Determine the final offering price
- Record & track interested buyers
- Confirm orders
- Guarantee purchase

