A) The NPO in a public offer is calculated as: (a) 25% of paid-up capital and free reserves (b) 25% of the paid-up capital and cash reserves excluding goodwill (c) 25% of the post-issue issue equity capital for an IPO and 25% of the QIP for a FPO (d) 25% of the post-issue issue equity capital for an IPO and 25% of the offer for a FPO (e) None of the above B

A) The NPO in a public offer is calculated as:

(a) 25% of paid-up capital and free reserves

(b) 25% of the paid-up capital and cash reserves excluding goodwill

(c) 25% of the post-issue issue equity capital for an IPO and 25% of the QIP for a FPO

(d) 25% of the post-issue issue equity capital for an IPO and 25% of the offer for a FPO

(e) None of the above

B.  In a green shoe option, the stabilising agent has the right to refuse the repurchase of shares from a shareholder if the market price has fallen but has recovered before the repurchase.

(a) Yes    (b) No