1.Can a new company go for subscripttion and simultaneously get listed on the recognized stock exchange if it complies the requirements?
1 Replies
CA Arindam Dey
(Chartered Accountant)
(117 Points)
Replied 29 October 2011
Refer Regulation 26 of SEBI Regulations on IPO. Listing is not a criteria. However the answer may be 'NO' for a 'new' company assuming it to be in existence for less than five years.
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