Cut Off Price
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 December 2010
What is the meaning of Cut Off Price in reference to IPOs???
02 December 2010
In Book building issue, the issuer is required to indicate either the price band or a floor price in the red herring prospectus. The actual discovered issue price can be any price in the price band or any price above the floor price. This issue price is called “Cut off price”. This is decided by the issuer and LM after considering the book and investors’ appetite for the stock. SEBI (DIP) guidelines permit only retail individual investors to have an option of applying at cut off price.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- How to reclaim rent paid on behalf of a registered person?
- Presumptive tax individual
- Non receipt of net payment but TDS filed later and ITR revised return not filed
- TDS u/s 194IB
- GST implication in case of Proprietor
- NSC interest taxability at maturity
- Interest On TDS under section 201(1A)
- Difference in invoice
- Form 26b submission
- Due diligence of NBFC (To raise Investment from Lender)
- Regarding ITAT Appeal
- Clerical mistake in GSTR 1 entered
- Director's remuneration and RPT
- Amendment in GSTR1A
- GST adjudication monetary limit
- BSR AND CHALLAN SERIAL NUMBER IN CASE OF BANK ATTACHMENT ?
- CA FINAL Group-1 Completed
- B2C Large Invoice Reporting Requirement
- Different payment bank or method used rather than AD Code registered bank
- Articleship Registration 2024
Trending Online Classes
CAclubindia
