Allotment of shares must be made after getting subscription against the entire public issue as per SEBI guidelines.

50%

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100%

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90%

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80%

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Solution

The correct option is C 90%
SEBI mandates that at least 90% of the issued capital must be subscribed for the company to continue with the allotment process. The application money is refunded if less than 90 % is received.

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Allotment of shares must be made after getting subscription against the entire public issue as per SEBI guidelines.

The correct option is C 90%SEBI mandates that at least 90% of the issued capital must be subscribed for the company to continue with the allotment process. The application money is refunded if less than 90 % is received.

The correct option is C 90%
SEBI mandates that at least 90% of the issued capital must be subscribed for the company to continue with the allotment process. The application money is refunded if less than 90 % is received.