What is meant by ‘undersubscription of shares’?
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Natural Vegetation: Plants which grow on their own; without human intervention are called natural vegetation. Wildlife: Animals which live in their natural habitat; usually away from human habitations; are called wildlife.
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Undersubscribed is a situation in which the demand for an initial public offering (IPO) or another offering of securities is less than the number of shares issued. Undersubscribed offerings are often a matter of overpricing the securities for sale.
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