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Who decides the Price Band?

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

It may be understood that the regulatory mechanism does not play a role in setting the price for issues. It is up to the company to decide on the price or the price band, in consultation with Merchant Bankers.

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