'GLOWING DIYA' a Junior Achievement Company was inaugurated on the 15th of October 2011 at PSC Sr. English School , Virudhunagar, India. It is run by class XI students. We have 24 members on the Managing Board. Shares of the company were offered for sale only to students and staff members of the school. The IPO (Initial Public Offering) for 1000 shares (face value of Rs.10) of the company was open from 19th October 2011 to 22nd October. The IPO was over subscribed (a total of 1345 shares were received ). The over subscribed amount was refunded and the company started with a capital of Rs.10000. ($200)
WHAT IS JUNIOR ACHIEVEMENT ?