Question
When a company issues shares to the public, it must meet
certain regulatory requirements before proceeding with the allotment of these shares. One such requirement is achieving a minimum level of subscription. This ensures that the company has sufficient funds to meet its obligations and objectives as outlined in the offer document. What is the minimum percentage of subscription that a company must receive before it can allot the shares to the applicants?Solution
According to the regulatory guidelines, a company must receive a minimum subscription of 90% of the shares offered before it can proceed with the allotment. This rule is designed to protect investors and ensure that the company has adequate financial resources to achieve its stated business goals.
Which Ladakhi dance has created history by breaking into the Guinness book of world records as the largest Ladakhi dance?
National Voters Day is celebrated on 25 January to encourage the youth to participate in the vote in the electoral process. What is the theme for the ye...
“Mundari” Dance is associated with which state?
Identify the sealed glass vacuum tube containing an electron beam that is focused on a phosphor-coated glass screen when light is emitted.
In which Lok Sabha elections were Electronic Voting Machines (EVMs) fully implemented for the first time? Â
Who has been appointed as the new head of Parliament security?
President Droupadi Murmu became the first Indian to be honoured with the Grand Order of the Chain of the Yellow Star. It is the highest civilian award o...
Who was the recipient of the Golden Boot award in the FIFA World Cup 2022?
The name of the 1st electronic digital computer of the world is:
Which of the following organisms is commonly known as blue-green algae?
