All You Need to Know About Draft Red Herring Prospectus 2023

red herring prospectus

Introduction When a company decides to go public, it becomes accountable not just to its board and employees, but also to a new and diverse group of stakeholders — the public investors. To aid this transition, a document is prepared that serves as a comprehensive guide to the company’s operations, its financial health, and future … Read more

Unlocking the Mystery of Grey Market Premium (GMP) in IPOs

Understanding the Grey Market and Its Premium Before learning what is Grey Market Premium, it is important to know about grey market itself first. It is an unofficial market where the trading of a company’s shares happens before they are issued in the Initial Public Offering (IPO). Grey market  is a market where transactions are … Read more