Economy, asked by sharmayukta259, 1 year ago

What does "price discovery through book building process" mean?

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Answered by Rahidayoub
0
Book Building" means a process undertaken by which a demand for the securities proposed to be issued by a body corporate is elicited and built up and the price for the securities is assessed on the basis of the bids obtained for the quantum of securities offered for subscription by the issuer.


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