Book Building
Identify price options for shares and other securities based on potential investors’ interest levels, as determined by the generation, capture and record of investor demand and supply of subscription rates
Type
Functional
Competency Area
Investment and Financial Management
Levels
Capture and record investor demand and supply
Conduct due diligence on securities being evaluated
Support the collection of bids within the book building process
Determine demand and supply of subscription rates based on interest levels of potential investors
Record investor prices and transaction bids during the issuance stage to capture demand
Identify securities price options
Facilitate the book building process
Analyse due diligence on securities being evaluated
Propose size of capital issues and price bands
Launch the book building process to support price discovery
Identify and draft details of securities issuance
Analyse demand and supply of subscription rates of potential investors to benchmark against valuation metrics
Disseminate strategies for book building and determine optimal price
Announce initial securities issuance
Determine the allocation of securities issuance suitable for the organisation
Review the valuation of securities based on investor demand and supply trends
Review and endorse securities prices based on valuations of demand and bids received
Announce final issue pricing and settlement