{"id":662,"date":"2026-05-12T13:22:10","date_gmt":"2026-05-12T07:52:10","guid":{"rendered":"https:\/\/prodigypro.co.in\/blog\/?p=662"},"modified":"2026-05-12T14:45:44","modified_gmt":"2026-05-12T09:15:44","slug":"what-is-a-red-herring-prospectus","status":"publish","type":"post","link":"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/","title":{"rendered":"What is a Red Herring Prospectus (RHP) and Why Does It Matter for IPO Investors?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/prodigypro.co.in\/blog\/wp-content\/uploads\/2026\/05\/Portfolio-Turnover-Explained-72-1-1024x576.webp\" alt=\"What is a Red Herring Prospectus\" class=\"wp-image-664\" srcset=\"https:\/\/prodigypro.co.in\/blog\/wp-content\/uploads\/2026\/05\/Portfolio-Turnover-Explained-72-1-1024x576.webp 1024w, https:\/\/prodigypro.co.in\/blog\/wp-content\/uploads\/2026\/05\/Portfolio-Turnover-Explained-72-1-300x169.webp 300w, https:\/\/prodigypro.co.in\/blog\/wp-content\/uploads\/2026\/05\/Portfolio-Turnover-Explained-72-1-768x432.webp 768w, https:\/\/prodigypro.co.in\/blog\/wp-content\/uploads\/2026\/05\/Portfolio-Turnover-Explained-72-1-1536x864.webp 1536w, https:\/\/prodigypro.co.in\/blog\/wp-content\/uploads\/2026\/05\/Portfolio-Turnover-Explained-72-1-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Red_Herring_Prospectus\" >Red Herring Prospectus<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#What_is_a_Red_Herring_Prospectus\" >What is a Red Herring Prospectus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Purpose_of_Red_Herring_Prospectus\" >Purpose of Red Herring Prospectus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Important_Sections_in_a_Red_Herring_Prospectus_Every_Investor_Should_Read\" >Important Sections in a Red Herring Prospectus Every Investor Should Read<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Difference_Between_Red_Herring_Prospectus_and_Draft_Red_Herring_Prospectus\" >Difference Between Red Herring Prospectus and Draft Red Herring Prospectus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#How_Does_a_Red_Herring_Prospectus_Help_Investors_Make_Informed_Decisions\" >How Does a Red Herring Prospectus Help Investors Make Informed Decisions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Common_Misconceptions_about_The_Red_Herring_Prospectus\" >Common Misconceptions about The Red Herring Prospectus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Key_SEBI_Regulations_for_IPO_and_RHP_Filing\" >Key SEBI Regulations for IPO and RHP Filing<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Why_should_I_read_the_Red_Herring_Prospectus\" >Why should I read the Red Herring Prospectus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Where_can_I_find_an_RHP\" >Where can I find an RHP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/prodigypro.co.in\/blog\/what-is-a-red-herring-prospectus\/#Does_the_RHP_show_the_final_IPO_price\" >Does the RHP show the final IPO price?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Red_Herring_Prospectus\"><\/span><strong>Red Herring Prospectus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you have ever thought about investing in an IPO for the first time, you would have heard the term &#8220;Red Herring Prospectus&#8221; (RHP). This document is one of the most important documents involved in a public offering process in India. It helps you, as the investor, to make informed decisions on whether your money is invested in the company&#8217;s shares in the right way.&nbsp;<\/p>\n\n\n\n<p>In this article, we\u2019ll explain what a Red Herring Prospectus is, why it&#8217;s essential in the IPO process, what it includes, the SEBI regulations around it, and how it promotes investor protection and transparency in India\u2019s capital markets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Red_Herring_Prospectus\"><\/span><strong>What is a Red Herring Prospectus?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A Red Herring Prospectus is a draft offer document, which is a precursor to a public offering of a company. It contains important, key information regarding the business itself, the business model, current financial statements, risk factors, and information to raise funds. A final prospectus will reveal the final share price or number of shares issued, and a red herring does not.&nbsp;<\/p>\n\n\n\n<p>You can think of the red herring prospectus as a &#8216;dress rehearsal&#8217; version of the company&#8217;s IPO prospectus, allowing potential investors a glance at the company before the final terms are locked in.&nbsp;<\/p>\n\n\n\n<p>The term &#8220;red herring&#8221; comes from a disclaimer printed in red on the cover page, stating that the document is not a final offer.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Purpose_of_Red_Herring_Prospectus\"><\/span><strong>Purpose of Red Herring Prospectus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The purpose of a Red Herring Prospectus is to prepare a pre-IPO disclosure to investors. Companies outline everything from the company&#8217;s history, its business plan, and revenue model, to what a financial disclosure and the risks of the investment are.&nbsp;<\/p>\n\n\n\n<p>It allows underwriters and investors to familiarize themselves with the offering and make decisions based on their preferences if they want to invest in an IPO.<\/p>\n\n\n\n<p>Companies also use the Red Herring Prospectus to figure out where the market is. Companies can find out what price range the shares are worth and how much demand they have based on investors&#8217; feedback and what shares were subscribed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_Sections_in_a_Red_Herring_Prospectus_Every_Investor_Should_Read\"><\/span><strong>Important Sections in a Red Herring Prospectus Every Investor Should Read<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Here are the sections of a Red Herring Prospectus you should pay attention to:<\/p>\n\n\n\n<p><strong>1. Business Overview:<\/strong>&nbsp;<\/p>\n\n\n\n<p>This section includes a description of the company&#8217;s business in considerable detail: the operations it performs in terms of product lines, the market opportunity, the addressable market, and growth plans.<\/p>\n\n\n\n<p><strong>2. Risk Factors:<\/strong>&nbsp;<\/p>\n\n\n\n<p>This section describes the risks that will affect your investment return. It outlines the business uncertainties, regulatory risks, and economic uncertainty.<\/p>\n\n\n\n<p><strong>3. Use of Proceeds:&nbsp;<\/strong><\/p>\n\n\n\n<p>It indicates how the company will spend the proceeds from the IPO. This includes how the proceeds will be applied to pay existing debt, fund strategic growth, or fund general purposes at the company.<\/p>\n\n\n\n<p><strong>4. Financial Disclosures:&nbsp;<\/strong><\/p>\n\n\n\n<p>You will see the historical financial statements here. Analyze historical profitability, revenues, growth trends, and liabilities.<\/p>\n\n\n\n<p><strong>5. Price Band:&nbsp;<\/strong><\/p>\n\n\n\n<p>While the RHP may not have a final price band, it will typically have a range of share prices to help an investor prepare.<\/p>\n\n\n\n<p><strong>6. Underwriters:&nbsp;<\/strong><\/p>\n\n\n\n<p>This will provide you with the names of the merchant bankers and underwriters for the IPO.<\/p>\n\n\n\n<p><strong>7. Listing Requirements:&nbsp;<\/strong><\/p>\n\n\n\n<p>This includes descriptions of the stock exchanges where the shares will be listed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Difference_Between_Red_Herring_Prospectus_and_Draft_Red_Herring_Prospectus\"><\/span><strong>Difference Between Red Herring Prospectus and Draft Red Herring Prospectus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Aspect<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Draft Red Herring Prospectus<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Red Herring Prospectus<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Purpose<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Initial filing to SEBI for review and public feedback.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Updated version after incorporating SEBI\u2019s observations and ready for investors.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Availability<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Available for public comments and regulatory scrutiny.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Available for investor review during the IPO subscription period<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Content Finality<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Contains provisional information; subject to changes based on SEBI input.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Contains near-final information, barring final price and number of shares.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>SEBI Review Status<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Under review by SEBI<\/td><td class=\"has-text-align-center\" data-align=\"center\">Approved by SEBI for public issue.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Use in IPO Process<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Used to gather feedback, test market response.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Used for marketing IPO and receiving subscriptions.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Investor Accessibility<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Accessible through SEBI and lead managers\u2019 websites.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Publicly available on stock exchanges, SEBI, and company websites during the IPO period.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_a_Red_Herring_Prospectus_Help_Investors_Make_Informed_Decisions\"><\/span><strong>How Does a Red Herring Prospectus Help Investors Make Informed Decisions?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Investors ought to look at the RHP before applying for an IPO. Here are the reasons for this:<\/p>\n\n\n\n<p><strong>1. Transparency:&nbsp;<\/strong><\/p>\n\n\n\n<p>The RHP provides a candid overview of the company, including operations, finances, and risks.<\/p>\n\n\n\n<p><strong>2. Data-Driven Decisions:&nbsp;<\/strong><\/p>\n\n\n\n<p>The RHP contains numbers that can help you calculate ratios and make superior decisions.<\/p>\n\n\n\n<p><strong>3. Market Comparisons:&nbsp;<\/strong><\/p>\n\n\n\n<p>The RHP can be useful when comparing it with other companies&#8217; RHPs in the same segment.<\/p>\n\n\n\n<p><strong>4. Understanding of Capital Utilisation:&nbsp;<\/strong><\/p>\n\n\n\n<p>The RHP allows you to determine how your money will be used when you invest.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Common_Misconceptions_about_The_Red_Herring_Prospectus\"><\/span><strong>Common Misconceptions about The Red Herring Prospectus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Here are common myths about the Red Herring Prospectus every investor should know:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>People believe RHPs are only for institutional investors. They\u2019re also useful for retail investors.<\/li>\n\n\n\n<li>Some think RHPs guarantee listing gains. But like all market investments, risks exist.<\/li>\n\n\n\n<li>Many assume RHPs are too technical. They&#8217;re not meant to be incomprehensible to any investor.<\/li>\n\n\n\n<li>A common myth is that RHPs never change. But they can be updated before the final prospectus.<\/li>\n\n\n\n<li>Some investors think RHPs show the final offer price. They only include a price band.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_SEBI_Regulations_for_IPO_and_RHP_Filing\"><\/span><strong>Key SEBI Regulations for IPO and RHP Filing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1. RHPs must be submitted to SEBI before an IPO.<\/p>\n\n\n\n<p>2. The document must be made available to SEBI and the Registrar of Companies.<\/p>\n\n\n\n<p>3. RHPs must be posted to the SEBI, underwriter, and stock exchange websites for public access.<\/p>\n\n\n\n<p>4. The RHP must be free of misleading or incomplete information and include all of the information with the necessary disclosures, such as risks and financial information.<\/p>\n\n\n\n<p>5. Misleading or incomplete information is strictly prohibited.<\/p>\n\n\n\n<p>6. SEBI&#8217;s ICDR regulations define the timeline and format for RHP submission.<\/p>\n\n\n\n<p><strong>Also, Check &#8211; <a href=\"https:\/\/prodigypro.co.in\/blog\/stay-invested-in-index-funds\/\">How Long Should You Stay Invested in Index Funds?<\/a><\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The Red Herring Prospectus may not have all the final numbers; however, it has the majority of the information needed to analyze an upcoming IPO. Whether you have experience as an investor or have just entered the capital market, reading the RHP will help you better analyze and make choices.<\/p>\n\n\n\n<p>Always read the offer document thoroughly, compare it to peers in the industry, and see where you are comfortable in regards to risk. If you educate yourself and understand your risk tolerances, the IPO method can add diversification to your portfolio.<\/p>\n\n\n\n<p>Know your options, be informed, and invest sensibly.<\/p>\n\n\n\n<p>Please share your thoughts on this post by leaving a reply in the comments section.<\/p>\n\n\n\n<p>Please share your thoughts on this post by leaving a reply in the comments section. Contact us via phone,<a href=\"http:\/\/wa.me\/917347700888\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a0WhatsApp<\/a>, or email to learn more about mutual funds, or visit our website,<a class=\"\" href=\"https:\/\/prodigypro.co.in\/\">\u00a0Prodigy Pro<\/a>. Alternatively, you can download the<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.bfc_mf.prodigy_app&amp;pcampaignid=web_share\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a0Prodigy Pro<\/a>\u00a0app to start investing today!<\/p>\n\n\n<div ><style>#sp-ea-661 .spcollapsing { height: 0; overflow: hidden; transition-property: height;transition-duration: 300ms;}#sp-ea-661.sp-easy-accordion>.sp-ea-single {margin-bottom: 10px; border: 1px solid #e2e2e2; }#sp-ea-661.sp-easy-accordion>.sp-ea-single>.ea-header a {color: #ffffff;}#sp-ea-661.sp-easy-accordion>.sp-ea-single>.sp-collapse>.ea-body {background: #fff; color: #444;}#sp-ea-661.sp-easy-accordion>.sp-ea-single {background: #7c8cff;}#sp-ea-661.sp-easy-accordion>.sp-ea-single>.ea-header a .ea-expand-icon { float: left; color: #444;font-size: 16px;}<\/style><div id=\"sp_easy_accordion-1778567927\"><div id=\"sp-ea-661\" class=\"sp-ea-one sp-easy-accordion\" data-ea-active=\"ea-click\" data-ea-mode=\"vertical\" data-preloader=\"\" data-scroll-active-item=\"\" data-offset-to-scroll=\"0\"><div class=\"ea-card ea-expand sp-ea-single\"><h3 class=\"ea-header\"><span class=\"ez-toc-section\" id=\"Why_should_I_read_the_Red_Herring_Prospectus\"><\/span><a class=\"collapsed\" id=\"ea-header-6610\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse6610\" aria-controls=\"collapse6610\" href=\"#\" aria-expanded=\"true\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-minus\"><\/i> Why should I read the Red Herring Prospectus?<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3><div class=\"sp-collapse spcollapse collapsed show\" id=\"collapse6610\" data-parent=\"#sp-ea-661\" role=\"region\" aria-labelledby=\"ea-header-6610\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">It gives key details about the company\u2019s business, risks, and how your money will be used, helping you invest wisely.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><span class=\"ez-toc-section\" id=\"Where_can_I_find_an_RHP\"><\/span><a class=\"collapsed\" id=\"ea-header-6611\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse6611\" aria-controls=\"collapse6611\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Where can I find an RHP?<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse6611\" data-parent=\"#sp-ea-661\" role=\"region\" aria-labelledby=\"ea-header-6611\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">On SEBI\u2019s website, stock exchange sites (NSE\/BSE), lead manager websites, or the company&#8217;s official site.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><span class=\"ez-toc-section\" id=\"Does_the_RHP_show_the_final_IPO_price\"><\/span><a class=\"collapsed\" id=\"ea-header-6612\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse6612\" aria-controls=\"collapse6612\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Does the RHP show the final IPO price?<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse6612\" data-parent=\"#sp-ea-661\" role=\"region\" aria-labelledby=\"ea-header-6612\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">No, it only shows a price band. The final price is announced later in the final prospectus.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n<p><strong>Disclaimer \u2013<\/strong> This article is for educational purposes only and does not intend to substitute expert guidance. Mutual fund investments are subject to market risks. Please read the scheme-related document carefully before investing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Red Herring Prospectus If you have ever thought about investing in an IPO for the first time, you would have heard the term &#8220;Red Herring Prospectus&#8221; (RHP)&#8230;<\/p>\n","protected":false},"author":1,"featured_media":664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1019,92,381,1010,1016,1011,1012,1013,1018,1009,1014,1017,1015,1020,326],"class_list":["post-662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-equity-market","tag-financial-planning","tag-investment-guide","tag-ipo","tag-ipo-filing","tag-ipo-guide","tag-ipo-investment","tag-ipo-investors","tag-public-offering","tag-red-herring-prospectus","tag-rhp","tag-sebi","tag-share-market","tag-stock-investment","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/posts\/662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/comments?post=662"}],"version-history":[{"count":2,"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/posts\/662\/revisions"}],"predecessor-version":[{"id":665,"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/posts\/662\/revisions\/665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/media\/664"}],"wp:attachment":[{"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/media?parent=662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/categories?post=662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prodigypro.co.in\/blog\/wp-json\/wp\/v2\/tags?post=662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}