As per the SEBI guidelines, on issue of shares, the application money should not be less than
A)2.5% of the nominal value of shares
B)2.5% of the issue price of shares
C)25% of the issue price of shares
D)25% of the nominal value of shares

Question

Quizplus · Accepted Answer

According to SEBI guidelines, on the issue of shares, the application money should not be less than 25% of the issue price of shares.

As Per the SEBI Guidelines, on Issue of Shares, the Application