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What is the difference between offer of shares through book building and offer of shares through normal public issue?

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What is the difference between offer of shares through book building and offer of shares through normal public issue?
posted Jul 6, 2017 by Deepak Jangid

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Price at which securities will be allotted is not known in case of offer of shares through book building while in case of offer of shares through normal public issue, price is known in advance to investor. In case of Book Building, the demand can be known everyday as the book is built. But in case of the public issue the demand is known at the close of the issue.

answer Jul 6, 2017 by Amrita
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