They are members of stock exchanges, appointed to facilitate the collection of application forms and bids, also referred to as Syndicate Members. They are paid a commission for their role depending upon their collection.
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The total market value of a Company, calculated by multiplying the number of shares issued and outstanding by their current market price.
Bid refers to the price one is willing to pay for a security.
Allotment on a firm basis in public issues by an issuing company to financial institutions, mutual funds, overseas corporate bodies, foreign portfolio […]
The price range within which investors can bid for IPO shares. It is set jointly by the company and the underwriter and is […]