What is DRHP? (Draft Red Herring Prospectus)
A DRHP (Draft Red Herring Prospectus) is a preliminary legal document that a company files with SEBI (Securities and Exchange Board of India) before launching an IPO.
IPO Learnings
What is an IPO? Why do companies raise money via IPO?
An IPO (Initial Public Offering) is the process of raising funds by which a private company offers its shares to the public to invest for the first time and gets listed on a stock exchange and in return they receive funds from investors which is used to fulfil various purpose as proposed by company.
