Why is there a price band in IPO?
I'm curious about the reason behind the price band in an IPO. Why does it exist and what purpose does it serve in the initial public offering process?
What is the price band of Persistent Systems IPO?
Excuse me, could you kindly provide me with some clarification on the price range or price band for the upcoming Initial Public Offering (IPO) of Persistent Systems? I'm particularly interested in understanding the potential range of prices at which the shares will be offered to investors during this initial offering. Is there a specific range or an estimated valuation that has been disclosed? Additionally, how does this price band compare to similar technology companies that have recently gone public? Thank you for your time and assistance in this matter.
What is the IPO price band?
Could you please explain what the IPO price band refers to in the context of cryptocurrency and finance? Is it a specific range of prices that a company's shares are expected to be offered at during its initial public offering (IPO)? How does this band affect potential investors and the overall success of the IPO? Additionally, is there a standard method for determining the IPO price band, or does it vary depending on the company and market conditions?