IPO Draft Prospectus is the legal document that every company which is planning for an IPO must submit to the regulatory(Securities Exchange Board of India) before proceeding for the IPO process. A prospectus document contains why the company is coming out with a public issue, financials information and how the issue will be priced. The draft prospectus submitted by the company to Exchange Board of India (SEBI) at least 21 days before the IPO
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