Issue of securities at Premium

khushboo (CS) (234 Points)

19 May 2010  

I HAVE A QUERY THAT WHEN SECURITIES ISSUED AT PREMIUM THEN IS THAT COMPULSORY TO CALL PREMIUM AT A SINGLE TIME

CAN WE CALL PREMIUM ON APPLICATION THEN ON CALLS ALSO

LYK

100 SHARES @ 130/- (10/- FACE VALUE + 120/- PREIUM)

IN THAT CASE WE CAN DEMAND 5/- APPLICATIONMONEY WITH 95/- PREMIUM

THEN AFTER ONE  MONTH 5/- CALL MONEY WITH 25/- PREMIUM

 

PLZ GUIDE...............

ITS VERY URGENT