Comment on The IPO Markets - Part 1

Ram commented on 26 Dec 2016, 02:18 PM

I have a question regarding the shares allocation at the time of formation. If the Seed Fund is 5 crs and the shares are split 40% & 5% between the promote & the two angel investors (each), then is it fair to assume that the promoter contributed 4 crores initially & that the two Angel investors brought in 50 lakhs each? Is that how it works?

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