09-Oct-2022 07:07 PM
Hello Sir! I am your drive student and have one query. In book building method while issuing Red Herring Prospectus company has two options regarding disclosure of price band or floor price i.e. in RHP or Newspaper (1 day before opening of issue in case of FPO and 2 days before in case of IPO) so the question is as issue is going to open next fine day then when will company issue final prospectus? Because, bidding and calculation of cut off price will take time .
The Company will file final prospectus with ROC after Electronic Bidding Process and determination of price.
Answer given by Shubhamm Sir at 15-Oct-2022 08:47 PM