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Ipo

Does autorised share capital include both offer for sale and fresh issue during IPO.


Shreesha .T.u

Shreesha .T.u

CA Foundation

495

04-Dec-20 13:27

12

Answers (3)

Best Answer

Offer for sales shares are held by promoters ( i.e already subscribed and paid up by them) . so such shares are already part of authorised capital. For fresh issue, you have to increase the auth captal


Sriram Somayajula

Sriram Somayajula

Admin

04-Dec-20 13:57

Authorised capital is the maximum capital which can be raised. Whether through OFS or IPO or Bonus or rights.


Suraj Lakhotia

Suraj Lakhotia

Admin

04-Dec-20 18:25