Question
RHP (Red Herring Prospectus) is a prospectus which doesn’t have details of either price of number of shares being offered or the [...]. But the number of shares and the upper and lower price bands are disclosed. 26. In case of FPO, the RHP can be filed with Registrar of Companies without the price band. The price band is notified one day prior to the opening of the issue by way of an advertisement.