‘Ganpati Steel Ltd.’ is a large and creditworthy company manufacturing steel for the Indian market. It now wants to cater to the Asian market and decides to invest in new hi-tech machines. Since the investment is large, it requires long-term finance. The company decided to raise funds through the capital market. 40% of the funds will be raised directly from the public through the issue of prospectus. 40% of the shares will be directly sold to a limited number of sophisticated investors. 20% of the shares will be offered to the employees. Identify the methods of flotation of new issues used by the company. Also state one benefit of each method. The issue was very well accepted by the investors. Mr. Raman, an investor could not get shares allotted when the offer was made to the public. He wishes to invest in the company. State the option available to him now and how will it benefit Raman?