Question

write the important steps in the procedure of issue share
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Answer 1

Answer:

There are four ways in which shares can be issued :

1. Public Issue

2. Private Placement

3. Rights Issue

4. Bonus Issue Get started

PROCEDURE FOR ISSUING OF SHARES:

A Public company can issue shares by way of public issue, rights issue or bonus issue and private placement. For public issuing of shares, the following steps are required to be fulfilled:

1. The company must be a registered company with the registrar.

2. Prospectus bearing the invitation for buying of shares of the company to the public.

3. The prospectus must be submitted to the registrar (SEBI) before publishing.

4. The prospectus should have the required information about the company like:

❖ Name of the Directors

❖ Terms of issue

❖ Minimum subscription

❖ Type of investment

❖ Previous years performance

❖ Opening and closing dates

❖ Application form and requisite fees

❖ Allotment

❖ Call-on dates

❖ Bank details for deposit.

5. The Registrar after confirming amenability publishes the prospectus

6. After selecting the applicants for allotment of shares, a regret letter is sent to everyone else and share certificate is issued after the share allotment is done.

7. The remaining shares are then allocated on call on dates. Depending on the number of shares, the calls are made for the remaining shares.

Answer 2

Answer:

Explanation:

issue of prospectus ,receiving the application,and allotment of the shares

are the procedure to issue shares