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Public Distribution

   Also found in: Legal 0.01 sec.
Public Distribution
Any offering of stock by a publicly-traded company to individual investors. If it is the first such offering, it is called an initial public offering (IPO); otherwise, it is a follow-on offering. Companies make public distributions in order to raise financing for expanded operations, or because they have become cash poor and need to finance their current operations. There is a sales fee attached to public distributions that the issuer includes in the offering price.

public distribution
The sale of a new securities issue to individual investors. The sales fee for the distribution, usually absorbed by the issuer, is included in the offering price.


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According to the local administration, basic food materials like sugar, rice, wheat flour and kerosene are procured in advance and stocked in godowns supply to the people through the public distribution system.
Summary: A total of 93 public distribution systems of natural gas were put into service during the first eight months of 2009, against 80 distribution systems in 2008, according to a report drawn up by the state-run gas and electricity company SONELGAZ.
Poor and rural families are much dependent on Public Distribution System (PDS).
 
 
 
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