Deepak Ltd., has been manufacturing cycles since 2010. Their market share in this field is 35%. They decided to introduce new cycles with advanced gear systems in 2015. For the same they estimated their financial requirements to be Rs.20 crore.They decided to raise the same through a limited number of sophisticated investors. Identify this kind of issue?

Deepak Ltd., has been manufacturing cycles since 2010. Their market sh

1.	Deepak Ltd., has been manufacturing cycles since 2010. Their market share in this field is 35%. They decided to introduce new cycles with advanced gear systems in 2015. For the same they estimated their financial requirements to be Rs.20 crore.They decided to raise the same through a limited number of sophisticated investors. Identify this kind of issue?
Answer» Private placement.

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