Please cite with an example company that is listed on Indian stock exhcange
In a reverse merger a private limited company buys controlling stake in a public limited company. Hence by virtue of this takeover the private limited company becomes a public limited company, and therefore the stock get traded.
A reverse takeover is usually a cheaper alternative to an IPO.I don’t think there is any particular advantage of investing in a company just because it gets listed in a reverse merger way.
There are just handful of examples of such corporate transactions in India…if I remember right there was one instance where a Godrej Group company which was reverse merged.
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