Question : Identify the method of floatation in the Primary Market wherein a company sells securities enbloc at an agreed price to a broker.
Option 1: Rights issue
Option 2: Offer for sale
Option 3: e-IPOs
Option 4: Offer through Prospectus
Correct Answer: Offer for sale
Solution : Offer for sale is the method of flotation in the primary market wherein a company sells securities enbloc at an agreed price to a broker.