Offer Document

When a company issues its shares to the public, it must issue an offer document, which is called prospectus in case of a public issue or offer for sale and “Letter of Offer” in case of a rights issue.

The offer documents of public issues are available on the websites of merchant bankers and stock exchanges. It is also available on the SEBI website under’ Offer Documents’ section along with its status of processing. The company is also required to make a public announcement about the filing in English, Hindi and in regional language newspapers. In case, investors notice any inaccurate or incomplete information in the offer document, they may send their complaint to the merchant banker and / or to SEBI.