question_answer

Many times, we read in newspapers that a company is planning to bring a public issue. What does it mean?     [Syndicate Bank 2011]

I. Shares of the company will be issued only through public sector organisations like banks/central financial institutions etc.

II. Shares of the company will be issued to general public only through primary market.

III. This means some stakeholders/promoters are willing to leave company. Hence, they wish to sell their stock to the general public.

Select the correct answer using the codes given below

A)  Only I            

B)  Only II

C)  Only III           

D)  All of these

E)  None of these