private placement
Answers were Sorted based on User's Feedback
Answer / tapanflames
The sale of securities to relatively small number of selected
investors as a way of rising capital. It was an opposite of
public issue.
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / siddu naidu
The selling of securities to few selected investors like
institutional investors is known as "private placement."
for ex UTI, SBI etc.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / guest
it is akind of raising funds as capital from the public with
satisfying one condition that the allotes must not exceed 50
in number
| Is This Answer Correct ? | 1 Yes | 3 No |
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2 Answers Bank of Maharashtra,
Hi everybody, can anybody tell me what will be the journal entry for ( 1). Withdraw from SBH Rs.10,000 for office use. 2). Withdraw from SBH Rs.5,000 for private use. Thanks,