Paid-up Share

Paid-up Share A share whose issue price has been paid in full. In the Indian new-issues market seldom do companies ask for the share price in full with the application. Often it is half with the application, and the rest on allotment. Sometimes, however, when the price is high, thee may be part payment with application, part on allotment, followed by one or two calls. The last calls. The last call, before the share is fully paid up, is the final call. Partly paid shares are traded in the market. The buyer then has to respond to subsequent calls.

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