As per the SEBI guidelines, on issue of shares, the application money should not be lessthan

25% of the nominal value of shares

2.5% of the nominal value of shares

2.5% of the issue price of shares

25% of the issue price of shares

As per the SEBI guidelines, on issue of shares, the application money

1.	As per the SEBI guidelines, on issue of shares, the application money should not be lessthan
A.	2.5% of the nominal value of shares
B.	2.5% of the issue price of shares
C.	25% of the issue price of shares
D.	25% of the nominal value of shares
Answer» D. 25% of the nominal value of shares