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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An order to buy or sell a specified number of shares when a specified price is reached.
Made by an issuer that has already made an IPO in the past and now makes a further public issue.
The objective of the book building process is to identify the price that the market is willing to pay for the securities […]
International Securities Identification Number is a unique identification number allotted for each security in the depository system