Hi, can you please tell me what is Prospectus and what are the types?
Hello @Heer_Mandaliya
Prospectus is a formal document that a Public Company issues to invite offers from public for subscribing its shares. It includes all the material information related to shares that a Company offers to the public. Furthermore, it usually help the investors to take investment decisions. Generally there are 4 types of Prospectus -
- Red Herring Prospectus
- Shelf Prospectus
- Abridged Prospectus
- Deemed Prospectus
You can learn more about various Prospectus in detail here:
Hope this helps!