Economics · Financial Markets
Under the Initial Public Offering (IPO) method of disinvestment/fundraising:
- 1Existing public sector shares are swapped between different ministries.
- 2Shares of retail entities are sold directly to public sector units.
- 3Shares of private sector undertakings are sold exclusively to government agencies.
- 4Shares of public or private companies are offered to retail investors and institutional buyers for the first time.✓
Correct answer
Shares of public or private companies are offered to retail investors and institutional buyers for the first time.
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