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An IPO is

1. Initial price offered by a private limited company to its shareholders
2. An offer by an unlisted company for sale of its shares for the first time to the public
3. Used to increase the share capital of an unlisted company
4. A book building process

Correct answer: An offer by an unlisted company for sale of its shares for the first time to the public

Solution

IPO stands for Initial Public Offering. It refers to the first sale of shares by an unlisted company to the public, usually to raise capital and get listed on a stock exchange.

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