IndigoLearn

Forums

Condition

How can an underwriter conditionally subscribe to securities. What kind of condition can he put? Point (iii)

Attachments

47808E14-201F-4276-AB9C-9CC6284CFF5A.jpg


Aman Mahajan

Aman Mahajan

CA Inter

18K+

06-Apr-21 10:36

50

Answers (1)

Conditional underwriting is when it is mentioned shares remaining unsubscribed from public will be taken up by underwriters, generally in a ratio. In absolute underwriting, there is exact mention of shares.


Sahibdeep Singh

Sahibdeep Singh

Moderator

06-Apr-21 11:28

Byte Size Modules
IL Pass percentages
Quote
Tally Free
Hiring
Refer
EMI
Lazypay
Past_Exams