Fully Paid Shares are shares for which the shareholder has paid the entire issue price, and no further payment is required to the company.
Fully Paid Shares represent complete ownership in a company, where investors have already paid the full value of the shares. Unlike partly paid shares, there are no outstanding dues or future calls from the company.
Shareholders of fully paid shares enjoy full rights, including dividends and voting (for equity shares).
"If a share has a face value of ₹10 and the investor has paid the full ₹10, it is a fully paid share."