question_answer

Many times we read in newspapers that a company is planning to bring a public issue. What does it mean? [Syndicate 2010]

(1) Shares of the company will be issued only through public sector organisations like banks/Central financial institutions etc.

(2) Shares of the company will be issued to general public only through primary market.

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

A)  Only (1)

B)  Only (2)

C)  Only (3)

D)  All (1), (2) & (3)

E)  None of these