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A) In a 100% book-built offer, Total Offer Size – Promoters’ Quota – Permitted Reservations = NPO (a) True (b) False B) In a Dutch auction method for an IPO, the lead manager decides to arrive at the cut-off price by taking into consideration the single price at which the maximum number of bids have been received and ignore all other bids either above or below such cut-off price
A) In a 100% book-built offer, Total Offer Size – Promoters’ Quota – Permitted Reservations = NPO
(a) True (b) False
B) In a Dutch auction method for an IPO, the lead manager decides to arrive at the cut-off price by taking into consideration the single price at which the maximum number of bids have been received and ignore all other bids either above or below such cut-off price. This method is acceptable under the regulations.
(a) Yes (b) No
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