A situation where fewer shares have to be sold than offered is called ____?
Under-subscription
Over-subscription
None of the above
Capital subscription
A situation where fewer shares have to be sold than offered is called under-subscription.
When people have applied for more shares than what they have been offered, it is referred to as 'over-subscription'.
A public company has 1 lakh shares for public subscription. Which of the following situation is depicted in the table shown below?
PersonShares Applied125k225k325k