Accounting · Corporate Accounting
As per SEBI guidelines, upon the public issue of shares, the application money should not be less than:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 125% of the issue price of the shares✓
- 225% of the nominal value of shares
- 310% of the issue price of the shares
- 410% of the nominal value of shares
Correct answer
25% of the issue price of the shares
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