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What are the difference between under subscription and over subscription?

Answer»
S. No. Basis for Difference Under SubscriptionOver Subscription
1.MeaningThe number of shares applied for is less than shares offered to the public for subscription. The number of shares applied for us more than the shares offered to the public for subscription.
2. Minimum subscriptionThe problem of minimum subscription may arise. The problem of minimum subscription does not arise
3. Allotment of shares All the applications for shares are allotted.Some applications are to be rejected.
4. RefundThere is no question of refund of money.Money is refunded to applicants whose applications are rejected.


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