Nothing Special   »   [go: up one dir, main page]

What Does Book Building Mean?

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

Book Building

What Does Book Building Mean?


The process by which an underwriter attempts to determine at what price to offer an IPO based
on demand from institutional investors.

Investopedia explains Book Building


An underwriter "builds a book" by accepting orders from fund managers indicating the number
of shares they desire and the price they are willing to pay.

You might also like