FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Initial Public Offering can be made through the fixed price method, book building method or a combination of both.
Difference between shares offered through book building and offer of shares through normal public issue (Source: BSE):
Features | Fixed Price process | Book Building process |
Pricing | Price at which the securities are offered/allotted is known in advance to the investor. | Price at which securities will be offered/allotted is not known in advance to the investor. Only an indicative price range is known. |
Demand | Demand for the securities offered is known only after the closure of the issue. | Demand for the securities offered can be known everyday as the book is built. |
Payment | Payment if made at the time of subscription wherein refund is given after allocation. | Payment only after allocation |
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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