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Under subscription of shares is where:
thenumber of shares applied for is the same as the number of shares issued
the
number of shares applied for is the same as the number of shares issued
thenumber of shares applied for is less than the number of shares issued
number of shares applied for is less than the number of shares issued
thenumber of shares applied for exceeds the number of shares issued
number of shares applied for exceeds the number of shares issued
thenumber of shares allotted is the same as the number of shares issued to applicants of the shares
number of shares allotted is the same as the number of shares issued to applicants of the shares
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