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Which of the following is not true about offer of shares through normal public issue?

[A]In normal Public issue, investors bid for shares at the floor price or above and after the closure of the process the price is determined for allotment of shares.
[B]In case of the normal public issue the demand for an issue is known at the close of the issue.
[C]In case of offer of shares through normal public issue price at which securities will be allotted is known to an investor in advance .
[D]None of the above

Jan 03 2018 View more View Less

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Which of the following is not true about offer of shares through normal public issue?

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