If Public Ltd. Co wants to go for public issue (IPO) then is it compulsory to get listed on any Stock Exchange or is it optional?
2 Replies
vivek
(CS)
(751 Points)
Replied 12 August 2010
If a Public Limited Company is proposing to moblise funds from General Public it must have to follow SEBI(ICDR) and must have to get itself listed in any recognised Stock Exchange.
Whether there are other way out go for Private Placement or preferential allotment if you don't want to get your Company listed.
Regards,
Sharad Saini
(Student)
(286 Points)
Replied 12 August 2010
yes listing is compulsory if co is going for IPO
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