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Sir is placing method can only done for quoted companies? Can an unquoted companies also have placing of shares? if so is there requirements for it. ( like have to be of a certain size)
It is normally only quoted companies that will have a placing.
SME’s are small and medium sized companies and will be unquoted. (Unquoted companies are usually SME’s but large companies can also be unquoted.)
1) So SME cannot raise finance via issue of shares and placing since they don’t meet the criteria required to be quoted.
2) large unquoted companies could get quoted via placing or isssue of shares on the primary market. if they meet the criteria to be quoted. is this true sir my points
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