Basic IPO FAQs

what are the basic differences between Book building and fixed price issue

The initial public offering can be done through either the fixed price or book building method.

There is a difference between shares offered by book building and shares offered by a normal public issue-

 

Features

Fixed price process

Book building process

PricingThe price at which securities are offered/allotted will be known to the investor in advance.The price at which securities are offered/allotted to investors is not known in advance. It is only possible to estimate the price range.
DemandOnly after the issue is closed, can the demand for the securities be known.As the book is being built, the demand for securities can be determined every day.
PaymentIf payment is made at the time subscription, refunds will be given after allocation.Only after allotment can payment be made


In IPO application is third party UPI accepted?


Does IPO application with third party ASBA or UPI gets rejected or accepted?