Question: Ganesh Electrical Co. Ltd issued a prospectus inviting applications for 12,000 shares of Rs.200 each at a premium of Rs.50 per share, payable as follows:

Ganesh Electrical Co. Ltd issued a prospectus inviting applications for 12,000 shares of Rs.200 each at a premium of Rs.50 per share, payable as follows: On Application Rs.75 per share On Allotment Rs...

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