According to the Companies Act 2013, while issuing shares, the application money should be at least ______ of the face value of the share.

As per Section 39(2) of the Companies Act, 2013, the amount payable on application on each share shall not be less than $5\%$ of the nominal/face value of the share (Note: SEBI guidelines stipulate $25\%$, but under the parent Act, it remains $5\%$).