Answer Posted / naveen agarwal
THE SHARE PREMIUM MEAN THE PRICE ABOVE THE FACE VALUE,
WHENEVER THE COMPANY CAME FOR IPO THEN IT ARAISED MONEY
FROM MARKET BY ISSUE OF SHARE.
EXAMPLE : IF THE CAME FOR IPO THE PRICE BRAND IS Rs 90-100
BUT THE FACE VALUE IS Rs 10 ONLY REMAINING AMOUNTED IS
SHARE PREMIUM.
| Is This Answer Correct ? | 8 Yes | 1 No |
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