🎴 Flashcard Mode
Mixed General Knowledge Quiz
Card1 / 20
Mastered0
Review0
QuestionClick to flip
Which film company was the first ever in Bollywood to raise money through an initial public offering?
AnswerClick to flip back
A
Mukta Arts Private Ltd
💡 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.