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Meaning of offer to public in sebi act ?

This query is : Resolved 

15 October 2011 Sir

What is the difference b/w OFFER TO PUBLIC & NET OFFER TO PUBLIC ?

17 October 2011
offer to the public means the offer made to the Indian public in general.

The net offer to the public means the offer made to the Indian public and does not include firm allotments or reservations or promoters’ contributions.



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