CUET Preparation Today
| If the issue price of the share is more than its nominal value according to the terms and conditions of the issue, then the shares are said to be issued at........ |
Par Premium Discount None of these |
| Premium |
| Shares of a company are issued either at par or at a premium. Shares are to be issued at par when their issue price is exactly equal to their nominal value according to the terms and conditions of issue. When the shares of a company are issued more than its nominal value (face value), the excess amount is called premium. |
