After reading this article you will learn about:- 1. Meaning of Listing 2. Formalities for Listing 3. Advantages 4. Disadvantages. Meaning of Listing: Listing forms the very basis of the operations of stock exchange. A stock exchange does not deal in the securities of all the companies. Instead, it deals only in the listed securities of certain selected companies. Listing [...]
After reading this article you will learn about the concept of capital gearing and factors affecting it. Concept of Capital Gearing: Assume that a company can issue three types of securities, i.e., equity shares, preference shares and debentures. But what should be the proportion of these securities. For this purpose, we shall study Capital Gearing. Capital Gearing determines the ratio [...]
After reading this article you will learn about the Valuation of Securities:- 1. Debenture Valuation 2. Share Valuation 3. Equity Share Valuation. Debenture Valuation: A bond is an instrument of debt issued by a business house or a government unit. The bonds may be issued at par, premium or discount. The par value is the amount stated on the face [...]