wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A public company has 1 lakh shares for public subscription. Which of the following situation is depicted in the table shown below?

PersonShares Applied125k225k325k


A

Over-subscription

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Under-subscription

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Ideal subscription

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Under-subscription


This corresponds to under-subscription because the company offered 1 lakh shares but only 75k shares were applied. When people apply for fewer shares than what the company had offered, it depicts the case of under-subscription.


flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Subscription rule
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon