IPOs
What is DRHP and RHP?
Also called: Draft red herring prospectus, Red herring prospectus, Prospectus
Hinglish mein padhein: DRHP aur RHP kya hota hai?
The DRHP is the draft prospectus a company files with SEBI before an IPO; the RHP is the final version with dates and price band.
Prospectuses describe the business, financials, risk factors, promoters, litigation and how the money will be used.
Reading the 'Risk factors' and 'Objects of the issue' sections is the quickest way to understand an IPO.