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A company proposes to make a simultaneous IPO in Indian and overseas capital market through a GDR issue
A company proposes to make a simultaneous IPO in Indian and overseas capital market through a GDR issue. It can be done in the following way(s):
(a) The GDRs have to be issued at the equivalent price as the domestic shares
(b) The domestic issue can be made through book-building route but the GDR should be at a fixed price
(c) The cut-off price in the domestic issue becomes the fixed price for the GDR issue
(d) The cut-off price for the GDR issue becomes the fixed price for the domestic issue
(e) The cut-off price has to be common for both the issues
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