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Question

As per the guidelines of the Securities Exchange Board of India (SEBI), a company offering public shares must receive atleast ___ of minimum subscription?


A

50%

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B

75%

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C

25%

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D

90%

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Solution

The correct option is D

90%


As per the guidelines of the Securities Exchange Board of India (SEBI), a company offering public shares must receive atleast 90% of minimum subscription.


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