Answer / ganesh

if a stock is over subscribed then it is reffered as green
shoe subscription

Answer / inderdeep

if a stock is over subscribed, the company has a option of allocating shares in excess of the shares included in the public issue.
if the company goes 4 this option its known as green shoe option.
green shoe option can be exercised for a maximum of 15% of the size of the issue

Answer / raman

Green shoe was the name of the company that first used the option of giving the right to the underwriters to sell 15 percent additional shares in the market in case of initial price offering.

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