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R

Ram Sharma • 193.88K Points
Coach

Q. PK Enterprises Limited has sold an entire lot of 5,00,000 equity shares @ ₹9 each to Prosperous Bank Private Limited. The bank intum will offer the shares to general public for subscription @ ₹11 per share. Identify the method of floatation being described in the given lines.

  • (A) Private placement
  • (B) Offer through prospectus
  • (C) Offer for sale
  • (D) Rights issue
Correct Answer - Option (C)
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