Stock market is nothing but company raising capital from public and private through ipo by providing shares to public and public can sell shares in cash market.
, , Basics of Stock Market, Bonus, bse, Face Value, IPO, NSE, promoter, share market
, , Basics of Stock Market, Bonus, bse, Face Value, IPO, NSE, promoter, share market
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The Book building process is done by company to issue share to the applicant during IPO/FPO. This helps the company find the allotment price by understand the various investor price..
Like this any other process are there to fix allotment price. And I think lead mangers are fixing the allotment price