NP

NISM Series X-A

Investment Adviser (Level 1)

← Chapter 6: Securities Market Segments

Chapter 6 test

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Question 1 of 25

Question 1 of 25

A company has 20 lakh shares in issue, of which the promoter holds 12 lakh (60%). In its IPO, the company makes a fresh issue of 10 lakh shares, and the promoter subscribes to none of them. What is the promoter's holding after the issue?

Practice questions are based on the NISM Series X-A workbook (February 2025), updated for later SEBI/RBI changes up to November 2026. Always check the latest NISM syllabus before your exam. Video lessons on YouTube ↗