<h1>Greaves Cotton: GEML proposing an IPO via DRHP; investors warned of risk factors and US offering restrictions.</h1> The release discloses that an investee is proposing an initial public offering and has filed a draft red herring prospectus with the relevant securities regulator and exchanges, cautions that the DRHP should not be relied upon for investment decisions and directs investors to the red herring prospectus and its risk factors, and states the equity shares are not registered in the United States and will only be offered there in restricted private transactions under Rule 144A and offshore under Regulation S, with no public US offering.