Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

How is the IPO price band decided and who plays the main role in fixing it?

The Lead Manager recommends the price band after analysing the company’s financials, industry valuations, and market conditions. The final decision is taken jointly with the company.

How is the IPO price band decided and who plays the main role in fixing it?