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share premium value

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(Querist)
30 December 2009 sir ,
I want to know that suppose that if a company issue 3500 share to other company in lieu of Rs. 1050000/- what is the value of per share and the premium per share.
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Arjuna Raina

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Arjuna Raina (Expert)
30 December 2009 what is rate of premium
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Sandeep Kumar

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Sandeep Kumar (Querist)
30 December 2009 they have issue 3500 share of Rs. 350000/- and premium value is 700000/-
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Heera Nahariya

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Heera Nahariya (Expert)
30 December 2009 If face value of your share is 100 then share premium rate per share is Rs. 200.
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Arjuna Raina

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Arjuna Raina (Expert)
30 December 2009 yes, if face value of your share is 100 then share premium rate per share is Rs. 200.
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