Multiple choice

A preliminary statement initially filed with SEBI without mentioning the price band and issue size is known as

  1. Red Herring Prospectus

  2. Prospectus

  3. Statement in lieu of prospectus

  4. Initial Report
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A Red Herring Prospectus is a document filed with the regulator (SEBI) during an IPO that contains most of the details about the issue but excludes the final price and the number of shares being offered.

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