Hi,
Can anyone please help me for calculating shares at a premium for a private limited company where the facee value is Rs 10 per share and the amount to be calsulated is for 1.5 cr, the authorised capital is 10 lacs
khyati (Finance Manager) (32 Points)
21 February 2011Hi,
Can anyone please help me for calculating shares at a premium for a private limited company where the facee value is Rs 10 per share and the amount to be calsulated is for 1.5 cr, the authorised capital is 10 lacs
rachit jain
(chartered accountant )
(635 Points)
Replied 21 February 2011
100000 share having face value of Rs. 10 each issued at a premium of Rs.140.
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