Comment on The IPO Markets - Part 1

Venkatesh commented on 20 Aug 2018, 10:06 PM

The company has the liability to pay them at the time of winding up right?? So if the company issues shares of worth only Rs. 2.5 crores making it liable only for Rs. 2.5 crores at the time of redemption of shares, what happens to the balance Rs. 2.5 crores invested by them. It is also a liability on part of the company as it haa received it from the promoter and the angels.

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