Question

Guru Ltd. invited applications for 5,00,000 Equity Shares of Rs. 10 each at a premium of Rs. 5 per share. Because of favourable market conditions, the issue was oversubscribed and applications for 15,00,000 shares were received.
Suggest the alternatives available to the Board of Directors for the allotment of shares.

Answer 1

Answer:

marketing is base of business 50% allotment of shares

Explanation:

Rs.10 each at a premium of Rs 5 that provides in shares in making new way to business