Types of share capital

◆ Types of share capital :-
1. Authorized / Registered / Nominal Capital :-
This is the Maximum Capital which the company can raise in its life time. This is mentioned in the Memorandum of the Association of the Company. This is also called as Registered Capital or Nominal Capital.
2. Issued Capital :- This is the part of the Authorised Capital which is issued to the public for Subscription.
3. Subscribed Capital :- Subscribed Capital is that part of issued Capital which has been taken off by the public i.e. the capital for which applications are received from the public.
4. Called up Capital :- It is that portion of the subscribed capital which the shareholders are called upon to pay on the shares allotted to them. A company does not necessarily require the full amount at once on the shares subscribed and hence calls up only such portion as it needs. The balance then remaining is known as uncalled capital.
5. Paid-up Capital: It refers to that part of the called up capital which has actually been paid by the shareholders.
6. Uncalled capital :- The remaining part of subscribe capital not yet called up is known as Uncalled Capital.
7. Reserve capital :- As mentioned above, the company by special resolution may determine that a portion of the uncalled capital shall not be called up, except in the event of the winding up of the company. This part is called Reserved Capital. It is kept reserved for the Creditors in case of the winding up of the company.
Thank you
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Reserve capital is part of uncalled capital that reserve for company liquidation?

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But when company issues share for rs.10 per share. But it sells share at higher price in primary market say at 80 per share. Then company receives more money than it actually needs. What company do by such surplus money????

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can the difference between paid-up capital and Authorized Capital in the stock market for a company effect on the share value?

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