14 July 2012
Minimum Subscription is the minimum number of shares that needs to be subscribed by public in an issue; if minimum subscription is not received,the company cannot proceed for allotment of shares.
14 July 2012
Minimum Public Shareholding is the minimum shares as a percentage of total issued capital whose beneficial owners are other than promoters i.e, is the public.
This is under the SEBI guidelines. A company not meeting the minimum public shareholding norms has to either increase its public holding by FPO or delist itself from exchanges.
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