Question:
Oversubscription is a situation where the
Oversubscription is a situation where the
Updated On: Oct 29, 2024
- Number of shares applied for is equal to the number of shares issued
- Number of shares applied for is more than the number of shares issued
- Number of shares applied for is less than the number of shares issued
- Face value of the share is less than the issue price of the share
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The Correct Option is B
Solution and Explanation
Oversubscription occurs when the number of shares applied for exceeds the number of shares issued.
Hence, the correct answer is Option 2.
Hence, the correct answer is Option 2.
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