FREE Account Opening + No Clearing Fees
Loading...

Feedback Message Board



1 Comments

1. Vikram Singh   I Like It. |Report Abuse|  Link|December 17, 2007 3:40:51 AMReply
There are 2 methods of payments available for book building IPO’s:
1.      Full payment: In this case an investor has to pay full amount when he apply for IPO.
2.      Partial Payment: This option is not available for all the IPO’s. Some of the big size issues offer this payment method. In this case an investor has to pay partially. A fix amount of money has to pay on the time of filling application and rest of the money he could pay later.

Full payment / Partial payment information is available on Red Herring Prospectus of the issue.