What is under subscription
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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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Answer:
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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