Authorised Capital & Subscribed Capital

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Daniel Benjamin (Querist)
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23 June 2011 Hi experts!

Can any one help understand the terms "Authorised capital" (under that - Equity shares and Preference shares) and "Subscribed capital" (under that - Equity shares and Preference shares)

And Please help me work this out:
[Authorized Share Capital of the Company is Rs. 1,00,000 divided into 10,000 EQUITY SHARES OF Rs. 10/- EACH. The are two Directors in the company and have equal share.]

Break-up of Authorised Capital:
No. of equity shares: 10,000
Total amount of equity share (Rs): 1,00,000
Nominal amount per equity share: ?
No. of preference shares:?
Total amount of preference shares (Rs):?
Nominal amount per preference share:?

Subscribed capital of the company (Rs):?
No. of equity shares:?
Total amount of equity share (Rs):?
Nominal amount per equity share:?
No. of preference shares:?
Total amount of preference shares (Rs):?
Nominal amount per preference share:?

Thanks for your time!

CA Harish Suwalka

CA Harish Suwalka (Expert)
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23 June 2011 in simple terms
1. authorized share capital means the maximum amount of capital a company can issue, it's re also called registered capital
2. Subscribed capital: a portion of authorized capital is issued for subscription by the company, and the part of issued capital which is subscribed by public is called, subscribed capital

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