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Home › Bihar Board Class 12 (Commerce) › Business Studies › Formation of a Company › What is the process of a private firm offering s…

What is the process of a private firm offering shares to the public for the first time called?

AInitial public offering
BRights issue of shares
CBonus issue of shares
DBuy-back of shares
Answer & Solution
Correct answer: A. Initial public offering
An initial public offering turns a privately held company into a public company.
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