05 November 2008
The minimum authorised capital for Private Limited Company – Rs.1,00,000/-
The minimum paid up capital for Private Limited Company – Rs.1,00,000/- For Public Limited Company – Rs.5,00,000/-
Minimum subscription for Private Limited Company – Shares worth Rs. One lakh. Minimum subscription for Public Limited Company – Shares worth Rs. Five Lakhs.
Difference between Authorised capital and Paid-up capital:
Authorised capital is the capital with which the company is registered. The company can issue shares up to the level of Authorised Capital. Paid up capital means the amount of capital actually paid by the shareholders in respect of shares allotted to them.
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