Comment on The IPO Markets - Part 1

Suresh Nagarajan commented on 09 Sep 2017, 09:39 PM

Ref. Scene 1: It’s mentioned that Promoter along with 2 Angels, contributed 5 Cr, but how much by each is not mentioned. This abstraction makes it difficult to understand the ownership of each party at any point and in case the company need to be dissolved.
Only 50% of the authorized shares were allotted in this example. Is all the 50% unallocated shares are promoter’s share which he wanted to keep in the name of company OR it may include angel’s share as well?

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