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Listing of shares

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(Querist)
03 June 2011 Dear sir\madam,
Is it mandatory that all the public limited companies should list their shares in the stock exchange?

please give me a detailed description on this matter.

thanking you.
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
03 June 2011 No. all public Company is not required to list at Stock Exchange. Such type of public Company is called closely held.
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CA.Mathew Jacob

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CA.Mathew Jacob (Querist)
03 June 2011 Dear sir,

Is there IPO for closely held comapnies?

If yes, how the sale of shares (bought during IPO) would happen, if there is no stock exchages.

thank you.
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