Fixed Price Issues - Price at which the securities are offered and would be allotted is made known in advance to the investors. Demand for the securities offered is known only after the closure of the issue. 50% of the shares offered are reserved for applications below Rs. 2 lakh and the balance for higher amount applications.Book Building Issues - 20% price band is offered by the issuer within which investors are allowed to bid and the final price is determined by the issuer only after closure of the bidding. Demand for the securities offered at various prices is available on a real-time basis on the BSE and NSE during the bidding period.50 % of shares offered are reserved for QIBS, 35 % for Non Retail and 15% for Retail Investors.