Question

what is minimum subscription

Answer 1

The minimumshares the company needs to get from the public out of the total issue by the date of closure. Else, the company shall refund the whole amount received.

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I think it will satisfy you

Answer 2

Minimum subscription is the term which is used to represent the amount of the issue which has to be subscribed or else the shares can't be issued if it is not being subscribed.

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