Mobi's is a new company that manufactures premium apparel for men.It needs fund for expanding its production units and is planing to issue the first lot of shares.These shares will be traded in the .

Question

​Mobi's is a new company that manufactures premium apparel for men.It needs fund for expanding its production units and is planing to issue the first lot of shares.These shares will be traded in the .

Quizplus · Accepted Answer

The primary market is where companies issue and sell their first batch of shares to raise capital. Since Mobi's is planning to issue its first lot of shares to raise funds, it falls under the primary market category.

​Mobi's Is a New Company That Manufactures Premium Apparel for Men.It

Mobi's Is a New Company That Manufactures Premium Apparel for Men.It