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A Ltd issued 20,000 shares of Rs. 10 each at par which was underwritten as follows. X – 10,000 shares; Y – 6,000 shares and Z – 4,000 shares. Applications were received for 18,000 shares which included marked applications which are as follows. X – 4,000 shares; Y – 2,000 shares; Z –10,000 shares. Prepare a statement showing how many more shares underwritten will have to take under the underwriting contract.?
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A Ltd issued 20,000 shares of Rs. 10 each at par which was underwritte...
Calculation of Shares Underwritten



  • Total shares issued by A Ltd = 20,000

  • Shares underwritten by X = 10,000

  • Shares underwritten by Y = 6,000

  • Shares underwritten by Z = 4,000

  • Total marked applications received = 10,000 (4,000 by X, 2,000 by Y, and 4,000 by Z)

  • Applications received = 18,000 (including marked applications)

  • Unmarked applications received = 8,000 (18,000 - 10,000)

  • Shares applied for = 18000

  • Shares underwritten = 20,000 (10,000 by X + 6,000 by Y + 4,000 by Z)

  • Shares not underwritten = 0 (as all shares have been underwritten)

  • Shares marked by underwriters = 10,000 (4,000 by X, 2,000 by Y, and 4,000 by Z)

  • Shares not marked by underwriters = 10,000 (18,000 - 10,000)

  • Shares underwritten by X but not applied for = 6,000 (10,000 underwritten by X - 4,000 marked by X)

  • Shares underwritten by Y but not applied for = 4,000 (6,000 underwritten by Y - 2,000 marked by Y)

  • Shares underwritten by Z but not applied for = 0 (as all shares underwritten by Z have been marked by Z)

  • Shares underwritten but not applied for = 10,000 (6,000 by X + 4,000 by Y)



Explanation


A Ltd issued 20,000 shares of Rs. 10 each at par, which was underwritten by X, Y, and Z. X underwrote 10,000 shares, Y underwrote 6,000 shares, and Z underwrote 4,000 shares. Applications were received for 18,000 shares, which included marked applications for 4,000 shares by X, 2,000 shares by Y, and 4,000 shares by Z. This means that the remaining 8,000 applications were unmarked.

The total number of shares applied for was 18,000, which is equal to the number of shares underwritten by the three underwriters. Therefore, all the shares issued were underwritten.

The number of shares not underwritten is 0, as all the shares issued were underwritten. However, the number of shares underwritten but not applied for is 10,000. Out of these, 6,000 shares were underwritten by X but not applied for, and 4,000 shares were underwritten by Y but not applied for. All the shares underwritten by Z were marked by Z, so there were no shares underwritten by Z that were not applied for.

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A Ltd issued 20,000 shares of Rs. 10 each at par which was underwritten as follows. X – 10,000 shares; Y – 6,000 shares and Z – 4,000 shares. Applications were received for 18,000 shares which included marked applications which are as follows. X – 4,000 shares; Y – 2,000 shares; Z –10,000 shares. Prepare a statement showing how many more shares underwritten will have to take under the underwriting contract.? for B Com 2026 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about A Ltd issued 20,000 shares of Rs. 10 each at par which was underwritten as follows. X – 10,000 shares; Y – 6,000 shares and Z – 4,000 shares. Applications were received for 18,000 shares which included marked applications which are as follows. X – 4,000 shares; Y – 2,000 shares; Z –10,000 shares. Prepare a statement showing how many more shares underwritten will have to take under the underwriting contract.? covers all topics & solutions for B Com 2026 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A Ltd issued 20,000 shares of Rs. 10 each at par which was underwritten as follows. X – 10,000 shares; Y – 6,000 shares and Z – 4,000 shares. Applications were received for 18,000 shares which included marked applications which are as follows. X – 4,000 shares; Y – 2,000 shares; Z –10,000 shares. Prepare a statement showing how many more shares underwritten will have to take under the underwriting contract.?.
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