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Homework answers / question archive / The commencement of trading after a public issue happens as follows: (a) In USA, within 1 day of the registration statement being declared effective (b) In UK, within 48 hours of the allotments being completed (c) In India within 90 days of SEBI approving the DRHP (d) In USA within 48 hours of the underwriters remitting the funds to the company (e) In UK, within 90 days of the close of underwriting for the issue (f) In India within 7 days of the close of the issue
The commencement of trading after a public issue happens as follows:
(a) In USA, within 1 day of the registration statement being declared effective
(b) In UK, within 48 hours of the allotments being completed
(c) In India within 90 days of SEBI approving the DRHP
(d) In USA within 48 hours of the underwriters remitting the funds to the company
(e) In UK, within 90 days of the close of underwriting for the issue
(f) In India within 7 days of the close of the issue.