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Commerce · Q51

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 51

Q51

A Company undergoing the process of Initial Public Offering has to file a Draft Red Herring Prospects with SEBI through an eligible merchant banker prior to filling a prospect with the registrar of Companies. What kind of information does this document should it provide? 1. Financial details about the company 2. Price and size of offerings 3. Products details 4. Objects of raising money Select the above correct statements.

A.
1 and 2
B.
2 and 3
C.
3 and 4
D.
1 and 4
Answer

Answer: Option D

Solution

Answer: Option D
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