Question

Which of the following statements is/are correct regarding Initial Public Offering (IP

  • O in India? 1)An IPO is a process by which a company raises funds by selling its shares to the public for the first time 2)An IPO can only be done by unlisted companies in India. 3)It is a process by which a private company becomes public.
A 1 only
B 1 and 2 only
C 1 and 3 only
D 2 only
E 1, 2 and 3
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