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InterviewSolution
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Who Decides The Price Band Of An Ipo? |
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Answer» It MAY be understood that the regulatory mechanism does not play a ROLE in setting the price for issues. It is up to the company to decide on the price or the price band, in consultation with MERCHANT Bankers. The basis of ISSUE price is disclosed in the offer document. The issuer is required to disclose in detail about the qualitative and quantitative factors justifying the issue price. It may be understood that the regulatory mechanism does not play a role in setting the price for issues. It is up to the company to decide on the price or the price band, in consultation with Merchant Bankers. The basis of issue price is disclosed in the offer document. The issuer is required to disclose in detail about the qualitative and quantitative factors justifying the issue price. |
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