Book Building is a process undertaken by which a demand for the securities proposed to be issued by a corporate body is elicited and built up and the price for such securities is assessed for the determination of the quantum of such securities to be ...
ASBA allows the investors money to remain with the bank till the shares are allotted after the IPO. The funds are transferred after the allotment and to the extent of allotted shares. This is an application mechanism which completely eliminates the ...
· Qualified Institutional Bidder (QIB) – QIBs are qualified institutional buyers as defined by SEBI’s Issue of Capital and Disclosure Requirements (ICDR) regulations. Generally, 50% or 75% of the offer is reserved for QIBs. Typical examples ...
Book Running Lead Managers (BRLMs) are Appointed by the Respective Company, who wish to float IPO. BRLMs’ work is to Manage the IPO Process from Beginning (Applying for IPO with SEBI with Basic Prospectus & Company’s Details) to IPO Subscription ...