Primary Market > Issue of Shares
What is Cut-Off Price?
In a Book building issue, the issuer is required to indicate either the price band or a floor price in the prospectus. The actual discovered issue price can be any price in the price band or any price above the floor price. This issue price is called "Cut-Off Price". The issuer and lead manager decides this after considering the book and the investors' appetite for the stock.
- What is the floor price in case of book building?
- What is a Price Band in a book built IPO?
- Who decides the Price Band?
- What is minimum number of days for which a bid should remain open during book building?
- Can open outcry system be used for book building?
- Can the individual investor use the book building facility to make an Application?
- How does one know if shares are allotted in an IPO/offer for sale? What is the Time frame for getting refund if shares not allotted?
- How long does it take to get the shares listed after issue?
- What is the role of a 'Registrar' to an issue?
- Does NSE provide any facility for IPO?
- What is a Prospectus?
- What does 'Draft Offer document' mean?
- What is an 'Abridged Prospectus'?
- Who prepares the 'Prospectus'/'Offer Documents'?
- What does one mean by 'Lock-in'?
- What is meant by 'Listing of Securities'?
- What is a 'Listing Agreement'?
- What does 'Delisting of securities' mean?
- What is SEBI's Role in an Issue?
- Does it mean that SEBI recommends an issue?
- Does SEBI tag make one's money safe?
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