TJE -Tematics journal of Social Sciences ISSN 2277-3010 Vol-4-Issue-12 2021 http://thematicsjournals.in UIF 2021= 7.528 IFS 2020= 7.433 DOI 10.5281/zenodo.5894877 2021-12-01 5 ISSUES OF USING THE IPO MECHANISM IN THE INVESTMENT ACTIVITIES OF JOINT-STOCK COMPANIES Azizbek Abdurashidovich Shomirov Associate Professor of the Department of “Valuation and Investment”, Ph.D. Tashkent Financial University, Uzbekistan Abstract: This article explores and analyzes the need for an IPO mechanism to improve the financial performance of joint stock companies. The IPO is being studied, that is, the content of a public offering of shares, its importance and stages of implementation, as well as its advantages and disadvantages in attracting investment to joint stock companies operating in our country. Analyzed the IPO of large companies in world and domestic practice. The article identifies problems in this area and develops the author's proposals and recommendations on them. Key words: IPO, public offering, Road Show, joint stock companies, companies, prospectus, raising capital, stock market, capital market. INTRODUCTION. Regardless of the sphere in which joint-stock companies operate in the country, the allocation of additional financial resources, including the attraction of foreign investment, remains an important task. One of the most modern ways to attract investment in joint-stock companies is to use the IPO mechanism. As a legal basis for the work to be done in this regard, we certainly refer to the Decree of the President of the Republic of Uzbekistan dated February 7, 2017 "On the Strategy for further development of the Republic of Uzbekistan" PF-4947 of April 29, 2019 [1]. It is necessary to cite the Resolution No. PK-4300 [2] "On measures to further improve the mechanisms for attracting foreign direct investment in the economy of the Republic." These normative documents set out the following important tasks.