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What do you mean by minimum subscription?

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Minimum subscription means the minimum number of shares that company needs in an issue from public or other selected people.
Normally the minimum subscription is 90% of the issue which a company requires otherwise the entire amount will be refunded by the company.

Final Answer:-
Minimum subscription means the minimum number of shares that company needs in an issue from public or other selected people.
Normally the minimum subscription is 90% of the issue which a company requires otherwise the entire amount will be refunded by the company.

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