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Comprehensive tracking of DRHP filings with stock exchanges. Stay updated with latest IPO filings and their current status.
DRHP (Draft Red Herring Prospectus) is the initial document filed by a company with SEBI and stock exchanges when planning an IPO. It contains comprehensive details about the company's business, financials, risk factors, and IPO structure.
When filing DRHP with BSE/NSE, companies must ensure:
DRHP provides crucial information for making informed investment decisions:
SEBI has approved the IPO application; company can proceed with public issue
DRHP submitted to regulatory authorities; awaiting review and observations
Filed under confidential review process; limited public disclosure
Company has withdrawn the IPO application; may refile later
SEBI typically takes 30-90 days to review and provide observations on a DRHP, depending on the complexity of the issue and completeness of disclosures.
Yes, companies often file updated DRHP documents incorporating SEBI's observations and changes in business conditions or financials.