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     EduGorilla 
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    Vinod Limited offered 10,000 debentures @ 100 each at a premium of 10%. The issue was oversubscribed by 3 times. Company made full allotment to 2,000 applicants and pro-rata allotment to the applicants of 18,000 debentures. How many applications were rejected?

    Options :-

    1. 10,000

    2. 20,000

    3. 12,000

    4. 18,000

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Reply To: Vinod Limited offered 10,000 debentures @ 100 each at a premium of 10%. The issue was oversubscribed….
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