minimum subscription to utilize funds

Question

For a company to utilize funds what is the minimum subscription required?

Answer 1

The minimum subscription that is required for a company to make use of funds are illustrated below:-

1. Infrastructure company won't have to the requirement of twenty five percent of its securities as public offer.

2. If the infrastructure company offers the obligation for the shareholders in that case Rs. 1 lakh can be surrender off.

3. Infrastructure companies that are having public issues for them minimum subscription of ninety percent is not essential and it must be given by the alternate source throughout that fund is coming to the company.

4. Infrastructure company can keep the issue open for twenty one days only that would give the adequate amount of time to get the funds for their issues.