Term

Book Building

A process to discover an IPO price from investor bids within a price band.

Pending professional review. This content was drafted with Claude from official sources and has not yet been reviewed by an ArthaKara professional. Verify against the official sources before relying on it.
Simple meaningA process to discover an IPO price from investor bids within a price band.
Relevant ActSEBI (ICDR) Regulations, 2018

Technical meaning

A process by which demand for securities is assessed and the price is discovered from bids within a price band.

Practical example

An IPO with a price band of Rs 100-105 is priced by book building.

Related terms

Official reference

SEBI (ICDR) Regulations, 2018

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