English, asked by monikakonala, 11 months ago

an issue where an allotment is made to less than 50 persons is known as

Answers

Answered by priyaag2102

Issue is made to less than 50 persons is known as privately placed allotment.

Explanation:

Private placement of shares: When the issue of shares is not only made to a particular set of people but has to made among general public or any investor at large, it is said to to be a public issue.

On the other hand, when it is made to particular and selected set of people, it is known as private placements.

Therefore,when an allotment is made to more than 50 people, it is said to be public while if it is made to less than 50 persons is known as privately placed allotment.

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