share capital
rama krishnan (12239 Points)
06 May 2017
could anyone educate about share capital authorised capital share premium subscribed capital etc in detail
2 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 06 May 2017
Authorised Capital is a maximum capital that can be raised by a company.
Issued capital is that part of authorised capital which is issued to public for subscripttion, those which is not issued known as unissued capital.
Subscribed Capital is that part of issued capital which is subscriped by public or others.
Amt that is called by company out of subscribed capital is known as called up.
That amt which is paid by shareholder out of called up capital is paid up share capital.Unpaid amt is calls in arrear.
Company called some amt of shares only at the time of winding up, that is called as Resrve Capital.
When share is issued at price more than face value then such excess is known as share premium.
Issued capital is that part of authorised capital which is issued to public for subscripttion, those which is not issued known as unissued capital.
Subscribed Capital is that part of issued capital which is subscriped by public or others.
Amt that is called by company out of subscribed capital is known as called up.
That amt which is paid by shareholder out of called up capital is paid up share capital.Unpaid amt is calls in arrear.
Company called some amt of shares only at the time of winding up, that is called as Resrve Capital.
When share is issued at price more than face value then such excess is known as share premium.
rama krishnan
(12239 Points)
Replied 12 July 2017
Rashmi mam if you have any article in respect of share capital, pls forward it to ramki8219.ito @ gmail.com
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