It is part of the authorised or nominal capital which the company
issues for the time beingfor public subscription and allotment. This is computed at face value or nominal value. Subscribed capital: It is that portion of the issued capital at face value which has been subscribed or takenup by the subscribers of shares in the company. It is clear that the entire issued capital may or may not besubscribed. Called up capital: It is that portion of the subscribed capital which has been called up or demanded on theshares by the company e.g., where Rs.5 has been called up on each of 100000 shares of a nominal value of Rs.10/- each, the called up capital is Rs.5lacs.Uncalled capital: It is the total amount not yet called up or demanded by the company on the sharessubscribed, which the shareholders are liable to pay as and when called up, e.g., in the above case, uncalledcapital is Rs.5lacs. Paid-up capital: It is that part of the total called up amount which is actually paid by the shareholders e.g.,out of Rs.5lacs, called up, only 4.5lacs get paid by the subscribers, the paid up capital is Rs.4.5lacs. Unpaid capital: It is the total of the called up capital remaining unpaid, determined by the difference between the called up capital and paid-up capital. Reserve capital: It is that part of the uncalled capital of a company which the company has decided byspecial resolution not to call excepting in the event of the company being wound up and thereafter that portion of the share capital shall not be capable of being called up except in that event and for that purposeonly.