Question
Which of the following conditions need to be met by an
Issuer offering Initial Public Offer (IPO) at a stock exchange in IFSC? (i)Â Â Â Â Â Â Â Â Â Â Â The issuer has an operating revenue of at least $ 20 million in the preceding financial year (ii)Â Â Â Â Â Â Â Â Â Â The issuer shall have commenced business at least three years prior to the date of filing of prospectus (iii)Â Â Â Â Â Â Â Â Â The issue size shall not be less than USD fifteen million or any other amount as may be specified by IFSCASolution
The correct answer is D
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