Can a private limited company sell its shares on premium?

Ajith Chand Kanagala (CEO) (51 Points)

07 March 2017  

Hello Everyone,

Can a private limited company incorporated in May 2016 can sell some of its shares at a premium to some prescribed members? For ex: Face value of share is ₹10 and want to sell at ₹200. Are there any rules regarding this? Can some one give detailed explanation.

 

Thanks in Advance.

 

Regards,

Ajith Chand Kanagala