InvestorQ : Where can I see the price of the issue and the price band?
Dilmini Mercia made post

Where can I see the price of the issue and the price band?

Answer
user profile image
Dawn Cherian answered.
2 years ago


Issuer may disclose them in draft prospectus in case of a fixed price issue and floor price or price band in the red herring prospectus in case of a book built issue. The issuer is required to announce the floor price or price band at least five working days before the opening of the issue (in case of an initial public offer) and at least one working day before the opening of the issue (in case of a further public offer), in all the newspapers in which the pre issue advertisement was released.