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

Admin

04-Dec-20 13:57

Mam pls explain again or tell in simple terms.

Shreesha .T.u

CA Foundation

★ 495

04-Dec-20 18:13

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

Suraj Lakhotia

Admin

04-Dec-20 18:25