PQR Ltd. issued 40,000 Equity shares of Rs. 10 each at par payable Rs. 3 on application, Rs. 4 on allotment and balance on first and final call. Applications were received for 1,10,000 shares. Applications for 20,000 shares were refused and allotment was made prorata to remaining applicants. Amount received on allotment is :
Held on 20 Jul 2022 · Verified 13 Jul 2026.
Rs. 1,00,000
Nil
Rs. 10,000
Rs. 80,000
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