Cut-off price meaning

The maximum amount of investment is Rs. 2 lakh . A minimum of 35% of the IPO is reserved for the RII category. Investors from this category can bid at the cut-off price.

An IPO book building issue opens with a price range. There is a minimum price and a maximum price for the issue. An investor can place bids for the desired quantity in multiples of the lot size within the applicable range .

Retail Individual Investor: Investors can not apply for more than Rs 2 lakh in an IPO. Retail Individual investors have an allocation of 35% of shares of the total issue size in Book Build IPO’s. 2.

An IPO book-building trouble starts with a price range, which includes both a minimum and a maximum price . An investor can bid for the desired quantity in multiples of the lot size at a price that is within the acceptable range.13 Ara 2021