Question

Rate of underwriting commission of share

Answer 1

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Answer 2

Answer:

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Explanation:

for equity shares it is constant @ 2.5%

pref shares less than inr 5 lakhs

@ 2.5% on net liability

@ 1.5% on public subscription of marked applications

exceeding 5 lakhs

@ 2% on net liability

@ 1% on public subscription of marked applications.

on debentures constant @ 2.5%

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