A) In a contingent underwriting for a book built IPO, the lead BRLM can stipulate the floor price above which he will not be willing to undertake the responsibility of his 15% mandatory underwriting commitment

A) In a contingent underwriting for a book built IPO, the lead BRLM can stipulate the floor price above which he will not be willing to undertake the responsibility of his 15% mandatory underwriting commitment.

(a) Yes      (b) No

B.  In a firm underwriting model, the final offer price to the public is determined by the lead underwriter before the offer opens for public subscription though the price negotiated with the company in the  underwriting contract may remain unchanged.

(a) Yes      (b) No