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    Question

    Which of the following documents does not mention the

    price and quantum of shares at the time of issue?
    A Shelf Prospectus Correct Answer Incorrect Answer
    B Abridged Prospectus Correct Answer Incorrect Answer
    C Red Herring Prospectus Correct Answer Incorrect Answer
    D Draft Prospectus Correct Answer Incorrect Answer
    E Final Prospectus Correct Answer Incorrect Answer

    Solution

    A Red Herring Prospectus (RHP) is filed with SEBI before an IPO. It contains all material disclosures (objectives, risks, company details), but does not specify price or share quantity. These are determined later through the book-building process, where investor demand sets the final price.

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