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Sale of promoter s stake in IPO

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1359 Points Posted on 07 July 2023
can a company bring an Ipo just to sale the promoter and angel investors stake to public without issue any fresh issue
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On 07 July 2023 at 13:47 Report
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4584 Points Posted on 07 July 2023

Promoter = owner , before IPO

Angel investor = fvoci investors usually

There is a threshold to trade stocks in the stock market I guess. 

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On 07 July 2023 at 21:34


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