Question

As per SEBI Guidelines, Application money should not be less than ______ of the issue price of each share.

पर्याय

• 10%

• 15%

• 25%

• 50%

Answer 1

As per SEBI Guidelines, Application money should not be less than 25% of the issue price of each share.

Explanation:

According to SEBI Guidelines, whenever a company issues shares to the public, the investors must pay an application money of at least 25% of the issue price of each share. This rule ensures that applicants are genuinely interested and discourages speculative or casual applications. The collected money is first deposited in a scheduled bank.