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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.
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stock split
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What is pro rata allotment of shares?
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What is Pro-rata allotment of shares?
JGHFHF
What is Share Allotment?
The process of allocating shares between shareholders usually pro rata or according to some prior agreement. The allotment may have conditions, which must be satisfied before the shares are issued, eg payment for them. This precedes the actual issue of shares.
What does pro rata basis mean?
It means in direct proportion.
What does pro-rata basis mean?
The daily cost without any extra penalties.
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Sample questions pro-rata?
can you please explain to me what pro-rata means regarding my holiday entitlement
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stock split
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