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What is pro rata allotement

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What is pro rata allotement

Posted by V'Ipul N 5 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Yogita Ingle 5 years, 6 months ago

When the company decides to allot the shares at pro-rata basis, then it has to allot 10000 shares to the applicants of 20000 shares. Thus, the ratio will be 20000:10000 i.e. 2:1. Hence, an applicant for 2 shares will receive 1 share. This is Pro-rata allotment.

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