Raunit Styles Ltd. was registered with a capital of Rs. 85,00,000 divided into equity shares of Rs. 100 each. The company invited applications for issuing 45,000 shares. The amount was payable as Rs. 25 on application, Rs. 35 on allotment, Rs. 25 on first call and balance on final call. Applications were received for 42,000 … Read more
Akash Ltd. is registered with an authorized Capital of Rs. 8,00,00,000 divided into equity shares of Rs. 10 each. Subscribed and fully paid up share capital of the company was Rs. 4,00,00,000. For providing employment to the local youth and for the development of the rural areas of the Jammu and Kashmir State the company … Read more
Kansa Ltd. offered 32,000 equity shares of Rs. 100 each to the public at a premium of Rs. 20 per share. The amount was payable as: Rs. 20 on application; Rs. 40 (including premium) on allotment; and the balance on first and final call. 30,000 shares were subscribed by the public. All the money was … Read more
Xansa Ltd. offered 22,000 equity shares of Rs. 100 each to the public at a premium of Rs. 20 per share. The amount per share was payable as Rs. 30 on application; Rs. 50 (including premium) on allotment; and the balance on first and final call. 20,000 shares were subscribed by the public. All calls … Read more
NK Ltd., a truck manufacturing company, is registered with an authorised capital of Rs. 1,00,00,000 divided into equity shares of Rs. 100 each. The subscribed and paid-up capital of the company is Rs. 50,00,000. The company decided to open technical schools in the Jhalawar district of Rajasthan to train the specially abled children of the … Read more
Janta Ltd. had an authorized capital of 2,00,000 equity shares of Rs. 10 each. The company offered to the public for subscription 1,00,000 shares. Applications were received for 97,000 shares. The amount was payable as follows on application was Rs. 2 per share, Rs. 4 was payable each on allotment and first and final call. … Read more
Willow Ltd. was registered with an authorized capital of Rs. 10,00,000 divided into 1,00,000 equity shares of Rs. 10 each. The company offered 80,000 shares for subscription to the public, out of which 75,000 shares were subscribed. All amounts were received except the final call of Rs. 2 per share on 3,000 shares. Fill in … Read more
Surya Ltd with a Registered capital of 10,00,000 Equity Shares of 10 each, issued 1,00,000 Equity Shares payable 3 on Application, 2 on Allotment, 3 on First Call and 2 on Second and Final call. The amount due on Allotment was duly received except from Mr. X holding 6,000 shares. His shares were immediately forfeited. … Read more