THE BOOK BUILDING PROCESS
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....a stock exchange for the purpose. 2. The public announcement and letter of offer shall be filed without delay with the stock exchange mentioned in paragraph 1 and such stock exchange shall forthwith post the same in its website. 3. The minimum number of bidding centres shall be: (a) the four metropolitan centres situated at Mumbai, Delhi, Kolkata and Chennai; (b) such cities in the reg....
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....r for the purpose prior to placement of orders or, alternately, may mark a pledge for the same to the merchant banker in favour of the said account. 8. The merchant banker shall ensure that the equity shares in the said special depositories account are not transferred to the account of the promoter unless the bids in respect thereof are accepted and payments made. 9. The holders of physical ....
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.... shall have an audit trail which includes stock broker identification details, time stamp and unique order number. ^1[11A. Para 1 to 11 shall not be applicable in respect of the book building process where settlement is carried out through stock exchange mechanism as specified in sub-regulation (1A) of regulation 13 of these regulations.] ^2[12. The final offer price shall be determined as t....
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.... 5 2,50,000 2,50,000 565 8 4,00,000 6,50,000 575 10 2,00,000 8,50,000 585 4 4,00,000 12,50,000 595 6 1,20,000 13,70,000 600 5 1,30,000 15,00,000 ---------Final Offer Price 605 3 2,10,000 17,10,000 610 3 1,40,000 18,50,000 615 3 ....


TaxTMI
TaxTMI