Arrange the steps for the public issue of shares in the correct chronological order:(A) Allotment of shares(B) Issue of Prospectus(C) Share first call(D) Receipt of ApplicationsChoose the correct answer from the options given below:

The process of raising equity capital from the public follows this sequence:Issue of Prospectus (B): Inviting the general public to subscribe to shares.Receipt of Applications (D): Investors send application money and forms.Allotment of Shares (A): The company distributes shares to successful applicants.Share first call (C): The company later requests subsequent installment money.Thus, the correct chronological path is (B), (D), (A), (C).