The price range within which investors can bid forĀ IPO shares. It is set jointly by the company and the underwriter and is different for each investor category, viz. qualified institutional buyers (QIBs), retail investors, and high net-worth individuals (HNIs). It is generally the lowest for retail investors (i.e. private individuals)
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Made by an issuer that has already made an IPO in the past and now makes a further public issue.
An organization, usually a bank or other approved institutions that hold the securities and other assets of mutual funds and other institutional […]
: A member of a Stock Exchange who acts as an agent for clients and buys and sells shares on their behalf […]
A Member of the Exchange who helps execute buy and sell orders on behalf of clients.