A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. Ujjivan small finance bank usfb filed its draft red herring prospectus drhp with the securities and exchange board of india sebi for its proposed initial public offering ipo. Red herring prospectus dated march 7, 2018 please read section 32 of the companies act, 20 100% book built issue hindustan aeronautics limited our company was incorporated on august 16, 1963 as aeronautics india limited, a private limited company under the companies act, 1956. For the purposes of the offer, the designated stock exchange shall be nse.
Irctc has filed draft red herring prospectus drhp with securities and exchange board of india sebi for an initial public offer. The equity shares offered through the red herring prospectus are. The company will offer up to,526,798 equity shares via offer for sale route. What links here related changes upload file special pages permanent link page. A red herring prospectus, as a first or preliminary prospectus, is a document submitted by a. The public issue will see sale of up to 1,85,36,600 shares by the companys promoter, the draft red herring prospectus drhp filed. In case of any inconsistency between the definitions given below and the definitions contained in the general information document as defined below, the definitions given below shall prevail. Aug 17, 2019 ujjivan small finance bank usfb filed its draft red herring prospectus drhp with the securities and exchange board of india sebi for its proposed initial public offering ipo. Kerala based esaf small finance bank filed its draft red herring prospectus drhp with the securities and exchange board of india sebi for an initial public offering ipo of rs 976 crore on monday. A red herring prospectus is a formal legal document that is required by and filed with the relevant government financial securities regulator, and provides details about an investment offering for sale to qualified institutional investors or to the public at large, known as. A preliminary prospectus is a first draft registration statement that a firm files prior to proceeding with an initial public offering ipo of their. Sbi cards to file drhp next week for rs 9,000 cr ipo, fy20. Biocons cro arm syngene seeks approval for ipo, files drhp. A copy of this red herring prospectus and the prospectus shall be delivered.
Our company has received inprinciple approvals from bse and nse for listing of the equity shares pursuant to their letters dated april 25, 2018 and april 20, 2018, respectively. This is an offer for sale ofs by biocon of a part of its shareholding in syngene. May 05, 2015 the literary meaning of idiom red herring is the rhetorical tactic of diverting attention away from an item of significance. A signed copy of the red herring prospectus and the prospectus shall be delivered for registration to the roc in accordance with section 264 of the companies act 20. One million represents 1,000,000 one billion represents 1,000,000,000 and one crore represents 10,000,000. Aug 22, 2019 irctc files draft red herring prospectus for ipo with sebi while the document does not mention offer size, speculation is rife that it will be in the rs 500600 crore range. For details of the material contracts and documents available for inspection from the date of the red herring prospectus up to the bid offer closing date, see. When a security is offered to the public for the first time, the underwriter prepares a preliminary prospectus, called a red herring. Red herring prospectus synonyms, red herring prospectus pronunciation, red herring prospectus translation, english dictionary definition of red herring prospectus. The draft red herring prospectus will be updated upon filing with the roc.
While the name may refer to the parts of the document printed in red ink, the implication is that the document has been written to present the company in the best possible light. Avenue supermarts dmart ipo download draft red herring. In terms of capital markets, red herring prospectus is a prospectus which contains all information about the ipo barring a few key details such as issue price. Regulations, 2016, or an overseas citizen of india card holder within the. A list of mainboard ipo prospectus pdf from india stock market.
Apr 08, 2018 company law 20 red herring prospectus means a prospectus which does not include complete particulars of the quantum or price of the securities included therein. File draft red herring prospectus and icdr checklist with sebi. Shyam metalics and energy ltd, a leading integrated metal producing company based in kolkata, filed its draft red herring prospectus drhp with the markets regulator sebi on tuesday to raise. Irctc files draft red herring prospectus for ipo with sebi while the document does not mention offer size, speculation is rife that it will be in the rs 500600 crore range. Sbi cards files ipo papers with sebi the economic times. Esaf small finance bank files drhp for rs 976 crore ipo with. Ujjivan bank files draft red herring prospectus with sebi. This draft red herring prospectus will be updated upon filing with the roc. Prospectus the prospectus to be filed with the roc on or after the pricing date in accordance with section 26 of the companies act, 20, and the sebi icdr regulations containing, among others, the offer price, the size of the offer and certain other information, including any addenda or corrigenda thereto. Oct 07, 2017 after the governments decision to sell 10 percent stake in hindustan aeronautics ltd hal, the defence psu has initiated the process of initial public offer with the filing of the draft red herring prospectus with market regulator sebi on september 29. A red herring is a preliminary prospectus filed by a company with the securities and exchange commission sec, usually in connection with the companys initial public offering. In simple terms a red herring prospectus contains most of the information pertaining to the companys operations and prospects, but does not include key details of the issue such as its price and the number of shares offered. Hinduja leyland finance files drhp with sebi for ipo.
Shares pursuant to their letters dated october 9, 2017 and october 11, 2017, respectively. The equity shares when offered through this red herring prospectus are proposed to be listed on bse and nse. Further, each of the promoter selling shareholders severally accept responsibility that this draft red herring prospectus contains all information about him as a selling shareholder in the context of the offer for sale and further assumes responsibility for statements in relation to him included in this draft red herring prospectus. Feb 26, 2020 sbi cards, the credit card arm of state bank of india, on wednesday filed draft red herring prospectus drhp for its initial public offer ipo with sebi. Irctc files draft red herring prospectus for ipo with sebi. Drug maker intas pharmaceuticals today said it has filed. For details of the material contracts and documents available for inspection from the. Draft red herring prospectus dated july 15, 2016 the draft red herring prospectus will be updated upon filing with the roc please read section 32 of the companies act, 20 book built offer icici prudential life insurance company limited. The equity shares offered through the red herring prospectus are proposed to be listed on the bse and the nse.
Ujjivan small finance bank files drhp for rs1,200cr ipo. For details of the material contracts and documents that will be. Jul 10, 2019 read more about intas pharma files draft prospectus for ipo on business standard. Ipo prospectus list draft and red herring prospectus pdf. The issuer, having made all reasonable inquiries, accepts responsibility for and confirms that this red herring contains all material information with regard to the issuer and the issue, that the information contained in the red herring prospectus are true, fair and correct in all material aspects and are not. For the purposes of this offer, the bse is the designated stock exchange. Sebihocfddilcirp201626 dated january 21, 2016, circular. For details of the material contracts and documents available for inspection from the date of this red herring prospectus. Listing the equity shares offered through the red herring prospectus are proposed to be listed on bse and nse. Mar 31, 2016 hinduja leyland finance files drhp with sebi for ipo hinduja leyland finance limited, a subsidiary company of ashok leyland limited has filed march 30, 2016 the draft red herring prospectus with. Red herring prospectus definition of red herring prospectus. According to the drhp, the ipo comprises a fresh issue worth rs 800 crore and an offer for sale ofs amounting to rs 176.
Prospectus red herring writing services for finance companies. Ujjivan small finance bank usfb filed its draft red herring prospectus drhp with the securities and exchange board of india sebi for its proposed ipo. Red herring prospectus dated june 04, 2018 please read section 32 of the companies act, 20 100% book building offer rites limited our company was originally incorporated at new delhi on april 26, 1974 under the companies act, 1956 as a private limited company under the name of rail india technical and economic services private limited. Jan 31, 2017 the draft red herring prospectus for upcoming ipo of avenue supermarts limited dmart can be downloaded from the link given below. A red herring is a preliminary prospectus filed by a company with the securities and exchange commission sec, usually in connection with. Click here to download drhp for avenue supermarts ipo now. Sebi hocfddilcirp201626 dated january 21, 2016, circular. A red herring is a preliminary prospectus filed with the sec, usually in connection with an ipoexcludes key details of the issue, such as price and number of shares offered. The indian railway catering and tourism corporation irctc on thursday filed its draft red herring prospectus drhp with the securities and exchange board of india sebi for its proposed initial public offering ipo. Our company has received an inprinciple approval from the bse and the nse for the listing of the equity shares pursuant to letters dated. Varroc engineering files ipo papers with sebi 1 min read. Draft red herring prospectus contains all information about itself as the selling shareholder in the context of the offer and assumes responsibility for statements in relation to itself included in this draft red herring prospectus.
A signed copy of this red herring prospectus and the prospectus shall be delivered for registration to the roc in accordance with section 264 of the companies act 20. Rail vikas nigam limited red herring prospectus elara capital. In its draft red herring prospectus filed with the sebi, indiamart said that the promoters cumulatively hold over 55% of the company while intel capital is the largest institutional stakeholder. Hal files red herring prospectus with sebi governance now. A copy of this red herring prospectus and the prospectus shall be delivered for registration to the roc in accordance with section 264 of the companies act, 20. For details of the material contracts and documents available for inspection from the date of this red herring prospectus up to the. The preliminary or red herring prospectus is distributed during the quiet period, before the registration statement has become effective with the securities and exchange commission sec. Red herring prospectus, and references to any statute or regulations or policies will include any amendments or reenactments thereto, from time to time. Intas pharmaceuticals, has filed its draft red herring prospectus drhp with securities and exchange board of india sebi for an initial public. Red herring prospectus dated august 25, 2016 please read section 32 of the companies act, 20 book built issue g n a axles limited our company was incorporated as g n a axles limited on september 6, 1993 at jalandhar as a public limited company under the companies act, 1956. Upon the registration becoming effective, a final prospectus is prepared and distributed which includes the final public offering price and the number of. Before investing in ipo, investors must go through the rhp documents to understand the. For details of the material contracts and documents available for inspection from the date of the red herring prospectus upto the bidissue closing date, see the.