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Red herring prospectus is a prospectus issued:
Question

Red herring prospectus is a prospectus issued:

A.

Prior to the issue of the prospectus.

B.

After the issue of the main prospectus.

C.

With the consent of shareholders.

D.

On the behest of ROC (Registrar of Companies).

Correct option is A


A red herring prospectus is issued before the final prospectus and provides preliminary details about an IPO (Initial Public Offering).

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