Question
It is a special provision in an IPO prospectus, which allows underwriters to sell investors more shares than originally planned by the issuer. This would normally be done if the demand for a security issue proves higher than expected.
More Static GA Questions
- How long is the car rally being organized to mark the 92nd anniversary of the Indian Air Force (IAF)?
- Which company has committed to setting up an automobile hub in one of the smart cities?
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- Match List-I with List-II and choose the correct answer from the codes given below:
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