Read the case study and answer question:

Radiant limited is a well known Pharmaceutical company. The company is planning to expand and modernize its business operations for which it requires 500 crores. Akshat, the finance manager of the company, advised to issue Equity Shares in the Capital market.

The Board finally decided to issue 300 crores through issue of Shares to general public electronically in the primary market. For the remaining 200 crores, the company will give a privilege to existing shareholders to subscribe to new shares as per the conditions of Radiant limited.

In order to meet floatation cost, for raising funds in the capital market the company decided to issue a money market instrument. Further the company will get the shares listed in the secondary market. Listing with stock exchange will facilitate buying and selling of securities and provide safety of investment to the investors.

"The Board finally decided to issue 1300 corers through issuing shares to general public electronically in the primary market".

Identify the method of floatation mentioned in the above line.

e-IPO

The correct answer is Option (4) → e-IPO.

The method of floatation mentioned in the above line is e-IPO (Electronic Initial Public Offering).

The company decided to issue shares electronically to the general public in the primary market. This describes an e-IPO, which refers to the process of issuing shares to the public electronically through a platform, making it more accessible and efficient for investors to buy shares during the initial offering.