DRHP News
Upcoming IPO: Identixweb files DRHP for BSE SME IPO
Identixweb, an IT firm focused on SaaS-based digital product solutions, particularly Shopify app development, has filed a Draft Red Herring Prospectus with SEBI for its upcoming IPO. The offering will consist of up to 3,080,000 new equity shares, each with a face value of ₹10.
2 min read17 Oct 2024JSW Cement considers pre-IPO placement of up to ₹400 crore
The company will raise this funding through a fresh issue in a pre-IPO placement offer, said the cement venture of the $23-billion JSW Group in its DRHP.
2 min read18 Aug 2024Sebi says incomplete draft IPO documents make use of proceeds unclear, hinder processing of other applications
The Sebi chief said “troublesome” applications were blocking applicants in the queue that have done extreme due diligence and have submitted good quality documents.
2 min read2 Aug 2024What is a Draft Red Herring Prospectus (DRHP)?
A Draft Red Herring Prospectus (DRHP) is a document used to introduce a new company or product to a potential investor. It contains information on the company’s present state as well as any risks associated with investing in it. Let us explore more on this.
1 min read21 Apr 2022Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared