________ registered brokers have to be appointed for the purpose of accepting applications and placing orders with the company.

OTCEI

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NSE

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SEBI

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Both (b) and (c)

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Solution

The correct option is C SEBI
A company proposing to issue capital to the public through the online system of the stock exchange has to enter into an agreement with the stock exchange. This is called an Initial Public Offer (IPO).
SEBI registered brokers have to be appointed for the purpose of accepting applications and placing orders with the company.

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