
Stock Exchanges in India | 151
The new issue market does not include certain other sources of new long term ex-
ternal finance, such as loans from financial institutions.
Methods of Floating New Issue
Initial public offer or public issue
Offer of sale
Private placement
Right issues
Preferential issue
Secondary Market
Secondary market refers to a market where securities are traded after being initially
oered to the public in the primary market, and/or listed on the stock exchange.
Majority of the trading is done in the secondary market. Secondary market
comprises of equity markets and the debt markets. For the general investor, the ...