Definition of Subscription public and private placements There is more than one type of subscription to the share capital of the public shareholding company. In addition to the public subscription to the share capital of the public shareholding company, there is a so-called closed or private subscription, but the latter does not raise the problems raised by the IPO. The researcher addressed this type of subscription in order to distinguish from the public offering, which is the subject of the study and the position of the Jordanian legislator regarding this type of subscription. If we look at the closed or private subscription, it can be said that the proposed project may be other than mega projects, or those interested in it or those working on its establishment of the owners of funds do not need to request public subscriptions and invite the public to participate in the project they are in the process of establishing, Invitation to specific people by name or character by subscribing to a particular project, the subscription was closed. It is not surprising that a part of the doctrine describes this type of subscription as "subscription in rooms" because the founders are the subscribers and know each other well, so the legislation that adopted this type Of the writings The method of mitigation was used on the procedures used to establish these types of companies, since these legislations consider the IPO companies as the biggest investment impact, and guide them. There is no doubt that the different view of the legislator in establishing between the two types of subscription, Has led to the effect of making the establishment of closed subscription companies more numerous than public subscription companies. The procedures for the establishment of a public subscription - to its abundance - have made the founders turn their attention to the establishment of the closed subscription. The subscription process is a process for the participation of individuals in the capital. This process is specific to the public shareholding companies. There are two types of subscription, among which is a private closed subscription and the other is public subscription. This is usually reserved for the large and huge company, which is difficult to collect funds covering the capital for the establishment of the project, either private subscription or closed, this type of subscription is between a certain group of individuals who are owners of funds originally do not need an IPO and often projects are not Not too big so it can be a huge money for the owners money easy ways to collect.