First call & second call

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 February 2016 Hello Experts.
can any expert explain me the means of first call & secound call etc. in listed company,

Regard
Rajesh Sharma

Arpit Shah

Arpit Shah (Expert)
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08 February 2016 http://www.learn-stock-options-trading.com/puts-and-calls.html

Amol S Joglekar

Amol S Joglekar (Expert)
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08 February 2016 In the initial years of our post independence economy, the face value of shares used to be Rs.100. In those days the companies used to raise the capital as and when required, from the shareholders. In those days, there used to be 1st call, 2nd call and so on so forth. Now a days, this system is not found in vogue, with face value being Rs.1, in many of the cases.