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प्रश्न
Answer in one Sentence only :
What do you understand by Pro-rata allotment of shares?
एका वाक्यात उत्तर
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उत्तर
When shares subscribed by the public are greater than the shares offered by the company, it results in over-subscription. In such cases, the company makes allotment on proportionate basis, which is known as pro-rata allotment of shares. For example, the company may allot 1500 shares to an applicant who applied for 2000 shares.
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