Topic:In case of Partial Underwriting the underwriting commission should be paid for how much amount of shares Is it the nominal value of shares underwritten or for the nominal value of the whole issue ?
AnonymousPosted on 8th January,2021 05:15 PM
The consideration payable to the underwriters for underwriting is called underwriting commission. Such a commission is paid at a specified rate on the issue price of whole of the shares or debentures. The underwriters are paid for the risk they bear in the placing of shares before the public.\r\n
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