how issue price/cut off price is determined under book building method?
how cut off price is determined in book building method
sahis (CA Final,BBA) (164 Points)
12 October 2010
1 Replies
CA bhargava
(CA)
(2017 Points)
Replied 12 October 2010
1.The Issuer , who appoints the lead book runner ,will in consultation with him determine the issue price based on the bids received.
2.on determining the price , the number of securities to be offered shall be determined.
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