Opening of public issue: must follow Board observations and occur after prospectus filing with Registrar of Companies. A public issue may be opened within twelve months of the Board's observations under regulation 25, subject to compliance with the Companies Act, 2013. An ... Summary
Opening of public issue: must follow Board observations and occur after prospectus filing with Registrar of Companies.
A public issue may be opened within twelve months of the Board's observations under regulation 25, subject to compliance with the Companies Act, 2013. An issue may be opened only after at least three working days from the date of filing the red herring prospectus (book-built issue) or the prospectus (fixed price issue) with the Registrar of Companies. The term "filing" substituted the earlier "registering."
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