IT IS A PROCESS WHEREIN THE INVESTORS DETERMINE THE PRICE OF THE SHARES OPTION IS GIVEN TO INVESTORS TO SUBSCRIBE AT THE FLOOR PRICE OR ABOVE AT THEIR DISCRETION IT IS A PROCESS USED FOR MARKETING A PUBLIC OFFER OF EQUITY SHARES OF A COMPANY.
TO REGISTER THE BID THROUGH AN ONLINE TERMINAL OF NSE OR BSE AT AN AUTHRISED BID CENTER
Fixed Price 1.
Book Building Demand can be known at the end of every day but price is known at the close of issue. Aggressive pricing (High Price) No pressure of unsatisfied demand in the market. It favours the issuers.
2. 3. 4.
The price is known in advance 1. to investor and the demand is known at close of the issue. Conservative pricing (Low 2. price) Generally oversubscribed 3. It favours the investors 4.