Pure Products Ltd. issued 30,000, 8% Debentures of ₹ 100 each at 10% premium for subscriptionSolution:- Anurag PathakOctober 6, 2023
Iron Products Ltd. issued 5,000; 9% Debentures of ₹ 100 each at a premium of ₹ 40 payable as follows:Solution:- Anurag PathakOctober 6, 2023
Grand Hospitality Ltd. issued 10,000, 7% Debentures of ₹ 100 each at premium of ₹ 20 per debentureSolution:- Anurag PathakOctober 6, 2023
Raj Ltd. issued 5,000, 8% Debentures of ₹ 100 each at a premium of 5% payable as follows: ₹ 10 on application; ₹ 20 plus premium on allotment and balance on first and final callSolution:- Anurag PathakOctober 6, 2023
Nipa Limited issued 10,000 Debentures of ₹ 100 each at a premium of 10%, payable 30% of nominal (face) value on application (including premium) and the balance on allotmentSolution:- Anurag PathakOctober 4, 2023
Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debentureSolution:- Anurag PathakOctober 4, 2023
Super Seals Ltd. issued 10,000, 8% Debentures of ₹ 100 each at par for subscription payable ₹ 40 on application, ₹ 30 on allotment and balance as first and final callSolution:- Anurag PathakOctober 4, 2023
Dogra Ltd. issued 2,000; 9% Debentures of ₹ 100 each on the following terms: ₹ 20 on application; ₹ 20 on allotment; ₹ 30 on first call; ₹ 30 on second and final call.Solution:- Anurag PathakOctober 4, 2023
JS Ltd. issued 2,000; 9% Debentures of ₹ 100 each payable as follows: ₹ 25 on application; ₹ 25 on allotment and ₹ 50 on first and final call.Solution:- Anurag PathakOctober 4, 2023
Venus Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the applicationSolution:- Anurag PathakOctober 4, 2023