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All are beneficiaries.
1.Public-small investors get a chance to take part in a Big company.
2.Investment companies: Their primary objectives. They can also take part in IPO with bigger investments.
3.Current investors: The IPo enables listing in recognized exchanges, they can also make fresh applications and improve liquidity.
4.Government: Employment opportunities are created, National income generation by investment in a Productive line. Also IPO contribute to revnue by way of taxes and other service charges on listing and trading.
The Answer3
3- Current Investors
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