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Bail out of issue

When the public issue do not get good response from the public or fails to garner minimum subscription, the issuer or promoters approaches the financiers or some persons to arrange subscription to bail out the issue for consideration of buy-back shares subsequent from the financiers at higher price or compensating the financier by payment of interest on the amount of the subscription money paid in the public issue.

Page last modified on Wednesday November 27, 2013 13:03:34 GMT-0000