Recently while appraising a loan proposal I noticed that the
company was a newly formed company. While allotting the
capital among the share holders the shares were allotted at
a huge premium. What is the reason for showing a huge premium?
- 3 Answers
- 7362 Views
- I also Faced
- E-Mail Answers
Answer Posted / reena
The Company might be opening with a huge project and for
that purpose the Company might require huge capital . As
the Company wants to issue less capital (number of shares),
it might be issuing the shares at a premium for raising teh
funds.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
Treatment of Government grant and its utilization in P
Does any one attented HSBC audit compliance test? Please let me know asap. suraj
I am Simrat Kaur. I am persuing graduation from P.U. I have an experience of 14 months as a CSA. But i hav an experience letter of 6 months.But I can show my joinin letter of the other job. I hav knowledge of basics of computer & internet. Actually, m findin job in chandigarh. I am findin the right opportunity. so, Can u plz help me in findin the right job?? Can u plz tel me abt where interviews r goin on?
when will be appsc exams will held pls give me the dates
