What is book building process of IPO? explain with example.
Answers
Answered by
3
Answer:
I hope you understand best of luck to you
Attachments:
Answered by
3
Answer:
Book building is a process of price discovery. It is a mechanism where, during the period for which the IPO is open, bids are collected from investors at various prices, which are above or equal to the floor price. The offer price is determined after the bid closing date
please make me as a brainliest.
Similar questions