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What is the main difference between a book-building route and the normal public issue?

April 26, 2017ISSUE main normal public route

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What is the main difference between a book-building route and the normal public issue?

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Unlike the book-building route, the price is known in advance to investors in case of offer of shares through normal public issue. On the other hand, the demand can be known everyday as the book is built in case of book building, which demand is not known until the close of the issue in case of the normal public issue.