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What do you mean by Oversubscription …

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What do you mean by Oversubscription of shares

Posted by Asamanya Ankita 6 years, 3 months ago

CBSE > Class 12 > Accountancy

3 answers

Chirag Garg 6 years, 2 months ago

Bhola

Yoges Waran 6 years, 2 months ago

The excess of shares subscribed by public than the number of shares issued by the company. E.g. The company issued 10,000 shares and received application money for 14,000 shares from public. In this case, the excess 4,000 shares were said to be oversubscription of shares.

Hanspreet Singh 6 years, 2 months ago

It means that more applications were come for the shares than company actually issued.

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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