Share Capital

This query is : Resolved 

21 October 2008 What is the major difference between authorised shared capital and paid up capital

21 October 2008 Authorised is upto what limit a company can raise capital. While paid up is what is actually contributed.

31 October 2008 What is the limit for authorised capital in respect of pvt ltd company and also the limit for paid up capital

05 November 2008 The minimum authorised capital for Private Limited Company – Rs.1,00,000/-

The minimum paid up capital for Private Limited Company – Rs.1,00,000/-
For Public Limited Company – Rs.5,00,000/-

Minimum subscription for Private Limited Company – Shares worth Rs. One lakh.
Minimum subscription for Public Limited Company – Shares worth Rs. Five Lakhs.

Difference between Authorised capital and Paid-up capital:

Authorised capital is the capital with which the company is registered. The company can issue shares up to the level of Authorised Capital. Paid up capital means the amount of capital actually paid by the shareholders in respect of shares allotted to them.



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