minimum subscription

what should be the minimum subscripttion while allotment of shares in public company. In which time period minimum subscripttion should be collected by the company.
Replies (2)
minimum subscripttion is 90 % of the securities offered and that should be collected within 30 days
it is RBI guidelines but minimum subscripttion is amount stated in the prospectus for minimum subcription

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register