Multiple choice

As per SEBI guidelines, a company must receive the minimum subscription of ____ % of entire issue.

  1. 51

  2. 90

  3. 25

  4. 100

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

51% is the minimum requirement to become a Holding/Government Company. 25% is the minimum application money paid by applicant of the issue price along with application. 100% is the total capital issued by company.