Minimum sh application money
Querist : Anonymous
for more info read:
http://www.indiankanoon.org/doc/584583/
Querist : Anonymous
Thanks for your reply, apart from minimum subscription, i'd also like to know about the minimum sh. application amount to be received by the company for one particular share. as per the companies act, the minimum % is levied for receiving the sh. application amount, cud u plz tell me dat % ?????
This is depending upon the lot size fixed by the company at the time of IPO.
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