Can anyone tell me how to calculate the shareholding percent of a shareholder in case of partly paid up shares?
For example, if the paid up share capital of a company comprises of 1,00,000 equity shares. The face value of each share being Rs. 10. Out of 1,00,000 shares, Rs. 10 has been paid on 50,000 shares and Rs. 2 has been paid on the remaining 50,000 shares (Rs. 8 on those partly paid up shares to be paid at a later date on call). The amount of paid up share capital being Rs. (50,000 x 10) + (50,000 x 2) = Rs. 6,00,000.
How to calculate the shareholding percentage of 10,000 shares on which Rs. 2 has been paid up? Will shareholding percentage be calculated on the basis of number of shares or the total amount paid up on shares?
CAclubindia
