Draft Offer Document
A draft offer document is the initial version of an IPO filing that a company submits to SEBI at least 21 days before the final IPO document. This preliminary document outlines the offering details and is made public for a 21-day comment period. During this time, investors and stakeholders can provide feedback, and SEBI may recommend revisions to ensure compliance and transparency. The process allows the company to refine its offering before final submission, aligning it with regulatory standards and addressing public or regulatory concerns.
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