ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Rush of New Issues

Rush of New Issues Jairaj Kapadia ARE managements of companies coming now into the capital market declaring closures of the capital issues ahead of the issues being fully subscribed? This appears unlikely. And in any case the object of a capital issue is to raise the required amount in subscription. So why would the management of a company close its capital issue, if it is not fully subscribed, and not keep it going even with a short extension of the closing date if required till the full amount is subscribed?

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