Multiple choice general knowledge

Which film company was the first ever in Bollywood to raise money through an initial public offering?

  1. Mukta Arts Private Ltd

  2. Pritish Nandy Communications

  3. ABCL

  4. None of the above

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Mukta Arts Private Ltd, founded by Subhash Ghai, was the first Bollywood film company to come out with an initial public offering (IPO) in 2000. This opened doors for other media companies to access capital markets. ABCL (Amitabh Bachchan Corporation Limited) and Pritish Nandy Communications were also prominent media entities but followed Mukta Arts in going public.