NISM-Series IX: Merchant Banking Certification Exam Notes
Page 36 Of 79
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Basis of Allotment: Method to allocate shares among applicants.
Cut-off Price: Price at which retail investors bid in book-built issues.
Price Band: Range within which bids are accepted in book building.
Floor Price: Minimum price in a book-built issue.
Cap Price: Maximum price in a book-built issue.
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