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regarding PFI PROVISON AND LISTING

This query is : Resolved 
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(Querist)
23 April 2010 SIR WHETHER LIC IS PFI OR NOT AND WHETHER LISTING IS COMPULSORY FOR EVERY PUBLIC COMPANY
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Rasesh

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Rasesh (Expert)
23 April 2010 LIC is PFI. Listing is not compulsory for every public company.
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Ankur Garg

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Ankur Garg (Expert)
23 April 2010 Agree.

Listing is not compulsory for every public company. If you want to subscribe money from public on the basis of your good reputation and goodwill than in that case you may go for public issue for increased capital base.

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