Regulation 285 - Disclosures in draft offer document and offer document
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Part III LISTING PURSUANT TO AN INITIAL PUBLIC OFFER
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Disclosure requirements mandate draft offer filing with detailed basis of issue price and valuation for securities offered in IPOs. An issuer proposing an IPO must file a draft offer document with the Board along with required documents and fees. The draft must disclose the broad ... Summary
Disclosure requirements mandate draft offer filing with detailed basis of issue price and valuation for securities offered in IPOs.
An issuer proposing an IPO must file a draft offer document with the Board along with required documents and fees. The draft must disclose the broad objects of the issue. The basis of issue price must include disclosures, excluding projections, sufficient to enable informed investor decisions and must suitably explain the basis of valuation used to determine the issue price.
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