Match List - I with List - II.
\begin{array}{|l|l|}\hline\textbf{List - I} & \textbf{List - II} \ \hline\text{(A) Over-Subscription} & \text{(I) Minimum amount that must be raised by issue of shares} \\text{(B) Minimum subscription} & \text{(II) Application received is more than shares issued} \\text{(C) Under-Subscription} & \text{(III) Allotment of shares without issue of prospectus} \\text{(D) Private Placement} & \text{(IV) Application received is less than shares issued} \ \hline\end{array}
Choose the correct answer from the options given below:
- A(A)-(II), (B)-(IV), (C)-(III), (D)-(I)
- B(A)-(II), (B)-(I), (C)-(IV), (D)-(III)
- C(A)-(I), (B)-(II), (C)-(IV), (D)-(III)
- D(A)-(II), (B)-(III), (C)-(IV), (D)-(I)
Solution & Step-by-step Explanation
Matching concepts regarding corporate capital subscriptions:Over-Subscription (A): When applications received exceed total issue numbers (II)Minimum subscription (B): The required minimum limit ( of issue size under SEBI rules) to continue the issue process (I)Under-Subscription (C): When applications received are lower than corporate offer numbers (IV)Private Placement (D): Direct allocation of equity stakes to select investors instead of general public invitation via a prospectus (III)