Accounting · Issue of Shares
As per the SEBI (Issue of Capital and Disclosure Requirements) Regulations, the minimum application money to be paid per share by an applicant shall not be less than:
- 150% of the issue price of the shares
- 225% of the nominal value of shares
- 325% 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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