Your company is going for IPO issue. You are also sure that you will receive subscription for minimum of 90% shares so chances of IPO not being subscribed is minimal. You may use the fixed price method or book building process to decide IPO pricing. You may assume subscription schedule starting from minimum 90% of share for different price. Based on the following information, compare both book building and fixed price method and state which one you will choose.

Base Price         $200, 

Amount to be raised   $10,000,000, 

Maximum Number of shares that can be issued       50000.

Also, clearly state assumptions (if any) to support your solution.