what is the meaning of paid up share capital?
Answer (1)
24th Aug, 2022
Hello aspirant,
Paid-up capital is the sum of money investors have given a business in exchange for equity. Paid-up capital is produced when a business sells its shares to buyers on the open market, typically through an initial public offering (IPO). No additional paid-up capital is formed when shares are purchased and sold between investors on the secondary market because the proceeds of those transactions go to the selling shareholders rather than the issuing business.
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