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
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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