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


Shreesha .T.u

Shreesha .T.u

CA Foundation

1K+

04-Dec-20

53

Answers (4)

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

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

Thank you sir... Even I got the concept cleared.


Aditya  A.D

Aditya A.D

CA Foundation

6K+

23-Mar-21

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