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What Is Book Building in IPO? Demand-Based Pricing & Premium Pricing Explained
Understanding the Book Building Process in IPO The book building process in IPO is one of the most important concepts every investor should understand before applying for any public issue. In a book-building IPO, the final issue price is not fixed initially. Instead, investors place bids within a price range, and the final price is decided based on actual market demand. This demand-based...
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