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IPO launching

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(Querist)
01 April 2010 Can new pvt ltd company launch an IPO?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
01 April 2010 PVT LTD CO. CAN NOT LAUNCH IPO i.e., THAT IS THEY CAN ISSUE SHARES TO PUBLIC.

PLEASE SEE SEC 3(iii)(c)

IT SAYS PVT LTD CO MEANS A COMPANY WHICH BY ITS ARTICLE -----
prohibits any invitation to the public to subscribe for any shares in, or debentures of, the company.
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Nikhil Kumar

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Nikhil Kumar (Querist)
01 April 2010 dear mr. sanjay gupta, thanks for the help. actually I have a new registered pvt ltd company and I want to launch an IPO. can I launch it now?
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Nikhil Kumar

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Nikhil Kumar (Querist)
01 April 2010 I mean can I launch an IPO and it will be an ltd company. is it possible because company registration month is feb 2010?
thanks for your help
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
01 April 2010 PLEASE GO TO FOLLOWING LINK---

https://www.indiamarkets.com/imo/finanavenues/Tree2/html/2t5.html
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Nikhil Kumar

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Nikhil Kumar (Querist)
01 April 2010 Thanks Mr. sanjay gupta. its really helpful for me. Thanks again.
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CA. Kishore Choudhary

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CA. Kishore Choudhary (Expert)
02 April 2010 right sanjayji...
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
02 April 2010 THANKS FOR YOUR ACCEPTANCE
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