Highlights: 1. Market to be choppy. 2. Book profit at regular intervals.
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What is the floor price in case of book building?
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1. INVESTMENT BASICS
2. SECURITIES
3. PRIMARY MARKET
3.1 ISSUE OF SHARES
3.2 FOREIGN CAPITAL ISSUANCE
4. SECONDARY MARKET
5. DERIVATIVES
6. DEPOSITORY
7. MUTUAL FUNDS
8. MISCELLANEOUS
9. CONCEPTS & MODES OF ANALYSIS
10. RATIO ANALYSIS |
Floor price is the minimum price at which bids can be made. Book Building is basically a process used in IPOs for efficient price discovery.
The company and the Lead Manager (LM) stipulate a floor price.
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