share premium , share application and issued & subscribed paid up capital.


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Share premium means when a share is issued at higher price than its par value. This happens when company performs well in the market. Paid up capital means the subscriber will pay for the share when it is called up. Issued means a company issues its share for public(IPO) called Initial public offering. There are many calls which will be made for a single share (they divide the value of share)and if a person did not pay any call that share will be forfeited and remaining money of his will be paid back. Application money is paid in full so it cannot be pending.