Ipo

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Trainee
40 Points Posted on 15 October 2011

Can a Company issue preference shares at discount in IPO?

Thanks in advance

Regards

Gandhi

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On 15 October 2011 at 10:15 Report
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Company Secretary
1389 Points Posted on 04 November 2011

Yes

Sec 79 of Companies act provides that subject to certain conditions, a company can issue share at discount.

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On 04 November 2011 at 14:12

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