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What is Share Premium?

Answer Posted / naveen agarwal

THE SHARE PREMIUM MEAN THE PRICE ABOVE THE FACE VALUE,
WHENEVER THE COMPANY CAME FOR IPO THEN IT ARAISED MONEY
FROM MARKET BY ISSUE OF SHARE.
EXAMPLE : IF THE CAME FOR IPO THE PRICE BRAND IS Rs 90-100
BUT THE FACE VALUE IS Rs 10 ONLY REMAINING AMOUNTED IS
SHARE PREMIUM.

Is This Answer Correct ?    8 Yes 1 No



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