According to the rule, a corporation aiming to reach public markets should only communicate the information contained in the draft offer document.
The FPO is being launched to meet the Sebi norm of minimum public shareholding of 25% in a listed entity
If a loss making company like Zomato can command a Rs 1 lakh crore m-cap, one can only imagine what a debt free company like Patanjali can list at
Ruchi Soya filed the draft red herring prospectus (DRHP) with market regulator Sebi on Saturday, 12 June 2021.
The FPO is being launched to meet the SEBI norm of minimum public shareholding of 25% in a listed entity