NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 46 Of 93
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SEBI Oversight: Ensures fair pricing and allocation in primary issues.
Capital Expenditure: Funds raised often finance projects like infrastructure or machinery.
Non-Convertible Debentures: NCDs offer fixed returns without equity conversion.
Issue Documentation: Includes offer documents, applications, and disclosures.
Market Accessibility: Primary markets provide access to diverse investment opportunities.
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