Commission payable to the stock broker for arranging the sale or purchase of securities. Maximum chargeable commission is fixed by the Exchanges.
You may also like
The total market value of a Company, calculated by multiplying the number of shares issued and outstanding by their current market price.
The allotment pattern in a public issue among different categories of applicants. This is finalized by the issuer company, its registrars and […]
A day count convention determines how interest is calculated over a period of time for fixed income instruments. The most widely used […]
Existing promotors or financial institutions offering a part of their holding to the public investors. Since the Company is not issuing any […]