Question:
Identify the method of flotation in the Primary Market wherein a company sells securities en bloc. at an agreed price to a broker.
Identify the method of flotation in the Primary Market wherein a company sells securities en bloc. at an agreed price to a broker.
Updated On: Oct 28, 2024
- Rights issue
- Offer for sale
- e-IPOs
- Offer through Prospectus
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The Correct Option is B
Solution and Explanation
In an "Offer for Sale," a company sells its securities to a broker, who then sells them to the public. This method helps raise capital without directly dealing with investors.
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