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1. Indranil   I Like It. 1|Report Abuse|  Link|March 18, 2011 4:04:51 PMReply
The price band of recent PFS ipo is 26 to 28
In the Nse site I see a fig of 1689.475 lac application at price of RS 28(upper band)
Also a fig of 273.635 Lac application at cut off
What is the difference betwwen the two
1.1. Saurabh   I Like It. |Report Abuse|  Link|March 3, 2020 4:03:23 PM
It means that if a company decide to put the price of IPO at 27 then the subscription made at Cut-off will receive share at 27 while people who have place bid for 28 they will get share at 28

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