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Pro - rata allotment of shares is opted by the Company when there is an over-subscription. The excess application money is adjusted towards the sum due on allotment.
We calculate the amount of Pro - rata in the following way:
Suppose X Ltd invited applications for 1,00,000 shares and received applications for 1,50,000 shares. In this case the pro - rata is calculated as 1,50,000/1,00,000 = 3:2. Hence the Pro - rata is 3:2.
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What does pro-rata basis mean?
The daily cost without any extra penalties.
What is the transfer of all or a portion of a subsidiary's stock or other assets to the stockholders of its parent company on a pro rata basis called?
stock split
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Ellen is Pro Choice
What is the duration of Bingo Bongo?
AS long as it can. Because the game depends on getting a set amount of numbers selected randomly and if you have that number cross off a list - a full house may require all 90 numbers to be called. assuminmg each number take 5 seconds a game can last 7.7 minutes. If the game is reduced to one line (5 numbers) the game length drops pro rata
When was Semi-Pro released?
Semi-Pro was released on 02/29/2008.
