InvestorQ : What is minimum number of days for which bid should remain open in book building?
Arusha Ray made post

What is minimum number of days for which bid should remain open in book building?

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diksha shah answered.
3 years ago
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As per extant SEBI regulations, the book should remain open for minimum of 3 working days. Here are the concept is of 3 working days and excludes Sundays, Saturdays and other trading holidays. The issue can remain open for more than that period in case the company and the investment bankers consider it necessary.

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