A red herring prospectus is issued to potential investors, but does not have complete particulars on the price of the securities offered and quantum of securities to be issued. The front page of the prospectus displays a bold red disclaimer stating that information in the prospectus is not complete and may be changed, and that the securities may not be sold until the registration statement, filed with the market regulator, is effective. Potential investors may not place buy orders for the security, based solely on the information contained within the preliminary prospectus. Those investors may, however, express an "indication of interest" in the offering, provided that they have received a copy of the red herring at least 48 hours prior to the public sale. After the registration statement becomes effective, and the stock is offered to the public, indications of interest may be converted to purchase orders, at the buyer's discretion. The final prospectus must then be promptly delivered to the buyer.
A red herring is something that misleads or distracts from a relevant or important issue. It may be either a logical fallacy or a literary device that leads readers or audiences towards a false conclusion. A red herring might be intentionally used, such as in mystery fiction or as part of rhetorical strategies (e.g. in politics), or it could be inadvertently used during argumentation.
The origin of the expression is not known. Conventional wisdom has long supposed it to be the use of a kipper (a strong-smelling smoked fish) to train hounds to follow a scent, or to divert them from the correct route when hunting; however, modern linguistic research suggests that the term was probably invented in 1807 by English polemicist William Cobbett, referring to one occasion on which he had supposedly used a kipper to divert hounds from chasing a hare, and was never an actual practice of hunters. The phrase was later borrowed to provide a formal name for the logical fallacy and literary device.
A red herring is a figurative expression referring to a logical fallacy in which a clue or piece of information is or is intended to be misleading, or distracting from the actual question.
Red herring may also refer to:
Red herring (fish), a type of kipper made from dried, smoked, and salted fish
Red Herring (film), a 2012 film starring Holly Valance
Red Herring (magazine), a former magazine focused on new technology businesses; now a website devoted to same
A kipper is a whole herring, a small, oily fish, that has been split in butterfly fashion from tail to head along the dorsal ridge, gutted, salted or pickled, and cold-smoked over smouldering woodchips (typically oak).
In the United Kingdom, Isle of Man, Japan, and a minority of North American regions they are often eaten for breakfast. They are also popular in Ireland. In Great Britain, kippers, along with other preserved smoked or salted fish such as the bloater and buckling, were also once commonly enjoyed as a high tea or supper treat, most popularly with inland and urban working-class populations before World War II.
Terminology
The English philologist and ethnographerWalter William Skeat derives the word from the Old Englishkippian, to spawn. The word has various possible parallels, such as Icelandickippa which means "to pull, snatch" and the Germanic word kippen which means "to tilt, to incline". Similarly, the Middle English kipe denotes a basket used to catch fish. Another theory traces the word kipper to the kip, or small beak, that male salmon develop during the breeding season.
Markets are awaiting the IPO of Life Insurance Corporation of India. Even before it hits the primary market, LIC filed a draft red herring prospectus (DRHP) with the SEBI. Find out more about this doc
#RedHerringProspectus
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published: 25 Feb 2022
Red Herring Prospectus - EXPLAINED | #stockmarketforbeginners #stockmarketeducation #ipo #investing
published: 15 Nov 2021
Red herring Shelf & abridged prospectus explained by Advocate Sanyog Vyas
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Red Herring Prospectus for CA Inter | CS Executive | CMA Inter
The only video you will need to watch on this topic.
In this video, CA Rohan Gupta sir explains concept of Red Herring Prospectus chapter for CA Inter | CS Executive | CMA Inter in a simplified and interesting manner. This video is for all students who wish to gain clarity on the topic.
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published: 13 Jan 2022
Red Herring Prospectus Explained
#investment #stockmarket #stocks #RHP
Red Herring Prospectus Explained | Importance and Details of RHP
A RHP is an important document to be submitted for any company's approval for IPO.
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published: 15 Sep 2020
Red herring prospectus meaning in tamil
published: 03 Jul 2022
Red Herring Prospectus || Prospectus || Company Law
published: 19 Apr 2022
Red herring prospectus |Section 32 of Companies Act | Detailed Analysis
Red herring prospectus |Section 32 of Companies Act | Detailed Analysis
Red Herring Prospectus forms an integral part of share price determination during public offer. This is covered under Section 32 of Companies Act. In this video titled
"Red herring prospectus |Section 32 of Companies Act | Detailed Analysis" CA Prabhaw Agarwalla has discussed red herring prospectus under Section 32 of Companies Act 2013 and how the red herring prospectus is used to determine the prices
#lawwithlogics #subscribeformore
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About CA Prabhaw Agarwalla
1)Associate member of Institute of Chartered Accountants of India
2)Qualified Company Secretary
3) Diploma holder in International Reporting Financial Standards from ACCA ...
published: 21 Feb 2021
Red herring prospectus || RED herring prospectus in company law || what is red herring prospectus
Red herring prospectus || RED herring prospectus in company law || what is red herring prospectus
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RED HERRING PROSPECTUS - Explained in Tamil - ft @mformoney8551 Mohan
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Markets are awaiting the IPO of Life Insurance Corporation of India. Even before it hits the primary market, LIC filed a draft red herring prospectus (DRHP) wit...
Markets are awaiting the IPO of Life Insurance Corporation of India. Even before it hits the primary market, LIC filed a draft red herring prospectus (DRHP) with the SEBI. Find out more about this doc
#RedHerringProspectus
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Markets are awaiting the IPO of Life Insurance Corporation of India. Even before it hits the primary market, LIC filed a draft red herring prospectus (DRHP) with the SEBI. Find out more about this doc
#RedHerringProspectus
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The only video you will need to watch on this topic.
In this video, CA Rohan Gupta sir explains concept of Red Herring Prospectus chapter for CA Inter | CS Exec...
The only video you will need to watch on this topic.
In this video, CA Rohan Gupta sir explains concept of Red Herring Prospectus chapter for CA Inter | CS Executive | CMA Inter in a simplified and interesting manner. This video is for all students who wish to gain clarity on the topic.
Sub Agent Vs Substituted Agent
https://www.youtube.com/watch?v=_BNklW_XGmc
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The only video you will need to watch on this topic.
In this video, CA Rohan Gupta sir explains concept of Red Herring Prospectus chapter for CA Inter | CS Executive | CMA Inter in a simplified and interesting manner. This video is for all students who wish to gain clarity on the topic.
Sub Agent Vs Substituted Agent
https://www.youtube.com/watch?v=_BNklW_XGmc
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#investment #stockmarket #stocks #RHP
Red Herring Prospectus Explained | Importance and Details of RHP
A RHP is an important document to be submitted for any ...
#investment #stockmarket #stocks #RHP
Red Herring Prospectus Explained | Importance and Details of RHP
A RHP is an important document to be submitted for any company's approval for IPO.
StockBugs is a financial firm which took its shape on the idea of providing access to financial knowledge and power to a wider range of audience. We believe that this power is not limited to certain groups of individuals but to everyone who is thriving to learn. We provide training and advisories on the stock market, Tradings, Investment banking, Portfolio management, Corporate training, Technical Analysis and Risk management.
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#investment #stockmarket #stocks #RHP
Red Herring Prospectus Explained | Importance and Details of RHP
A RHP is an important document to be submitted for any company's approval for IPO.
StockBugs is a financial firm which took its shape on the idea of providing access to financial knowledge and power to a wider range of audience. We believe that this power is not limited to certain groups of individuals but to everyone who is thriving to learn. We provide training and advisories on the stock market, Tradings, Investment banking, Portfolio management, Corporate training, Technical Analysis and Risk management.
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Red herring prospectus |Section 32 of Companies Act | Detailed Analysis
Red Herring Prospectus forms an integral part of share price determination during publi...
Red herring prospectus |Section 32 of Companies Act | Detailed Analysis
Red Herring Prospectus forms an integral part of share price determination during public offer. This is covered under Section 32 of Companies Act. In this video titled
"Red herring prospectus |Section 32 of Companies Act | Detailed Analysis" CA Prabhaw Agarwalla has discussed red herring prospectus under Section 32 of Companies Act 2013 and how the red herring prospectus is used to determine the prices
#lawwithlogics #subscribeformore
In case of any queries please feel free to comment and ask!!
Like|Share|Comment
About CA Prabhaw Agarwalla
1)Associate member of Institute of Chartered Accountants of India
2)Qualified Company Secretary
3) Diploma holder in International Reporting Financial Standards from ACCA UK
4) Diploma holder in Information System Audit
5) Been awarded as best speaker for 4 times in row in Corporate Law and Ind AS session at national conference of ICAI held at different regions in India
6) Has given presentations on various topics in Ind AS and Corporate Laws in all regions in India
7) Visiting Faculty of Institute of Chartered Accountant of India
8) Visiting Faculty of Institute of Company Secretaries of India
9) Has authored several articles for professionals
10) Mentor and faculty of Corporate Laws, Economic Laws, Business Laws and Ind AS
11) Has an academic achievement of securing exemptions in 12 out of 14 subjects at intermediate/ executive level of CA and CS course combined
Red herring prospectus |Section 32 of Companies Act | Detailed Analysis
Red Herring Prospectus forms an integral part of share price determination during public offer. This is covered under Section 32 of Companies Act. In this video titled
"Red herring prospectus |Section 32 of Companies Act | Detailed Analysis" CA Prabhaw Agarwalla has discussed red herring prospectus under Section 32 of Companies Act 2013 and how the red herring prospectus is used to determine the prices
#lawwithlogics #subscribeformore
In case of any queries please feel free to comment and ask!!
Like|Share|Comment
About CA Prabhaw Agarwalla
1)Associate member of Institute of Chartered Accountants of India
2)Qualified Company Secretary
3) Diploma holder in International Reporting Financial Standards from ACCA UK
4) Diploma holder in Information System Audit
5) Been awarded as best speaker for 4 times in row in Corporate Law and Ind AS session at national conference of ICAI held at different regions in India
6) Has given presentations on various topics in Ind AS and Corporate Laws in all regions in India
7) Visiting Faculty of Institute of Chartered Accountant of India
8) Visiting Faculty of Institute of Company Secretaries of India
9) Has authored several articles for professionals
10) Mentor and faculty of Corporate Laws, Economic Laws, Business Laws and Ind AS
11) Has an academic achievement of securing exemptions in 12 out of 14 subjects at intermediate/ executive level of CA and CS course combined
Red herring prospectus || RED herring prospectus in company law || what is red herring prospectus
Hi
Welcome to our YouTube channel Quickly learned topics.,
F...
Red herring prospectus || RED herring prospectus in company law || what is red herring prospectus
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Red herring prospectus || RED herring prospectus in company law || what is red herring prospectus
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Markets are awaiting the IPO of Life Insurance Corporation of India. Even before it hits the primary market, LIC filed a draft red herring prospectus (DRHP) with the SEBI. Find out more about this doc
#RedHerringProspectus
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The only video you will need to watch on this topic.
In this video, CA Rohan Gupta sir explains concept of Red Herring Prospectus chapter for CA Inter | CS Executive | CMA Inter in a simplified and interesting manner. This video is for all students who wish to gain clarity on the topic.
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Red Herring Prospectus Explained | Importance and Details of RHP
A RHP is an important document to be submitted for any company's approval for IPO.
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Red herring prospectus |Section 32 of Companies Act | Detailed Analysis
Red Herring Prospectus forms an integral part of share price determination during public offer. This is covered under Section 32 of Companies Act. In this video titled
"Red herring prospectus |Section 32 of Companies Act | Detailed Analysis" CA Prabhaw Agarwalla has discussed red herring prospectus under Section 32 of Companies Act 2013 and how the red herring prospectus is used to determine the prices
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About CA Prabhaw Agarwalla
1)Associate member of Institute of Chartered Accountants of India
2)Qualified Company Secretary
3) Diploma holder in International Reporting Financial Standards from ACCA UK
4) Diploma holder in Information System Audit
5) Been awarded as best speaker for 4 times in row in Corporate Law and Ind AS session at national conference of ICAI held at different regions in India
6) Has given presentations on various topics in Ind AS and Corporate Laws in all regions in India
7) Visiting Faculty of Institute of Chartered Accountant of India
8) Visiting Faculty of Institute of Company Secretaries of India
9) Has authored several articles for professionals
10) Mentor and faculty of Corporate Laws, Economic Laws, Business Laws and Ind AS
11) Has an academic achievement of securing exemptions in 12 out of 14 subjects at intermediate/ executive level of CA and CS course combined
Red herring prospectus || RED herring prospectus in company law || what is red herring prospectus
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பின்குறிப்பு : இந்த காணொளிகள் முழுக்க முழுக்க நிதி அறிவு சார்ந்த கல்வி அறிவை வளர்க்க மட்டுமே.பங்கு பரிந்துரைகளாக எங்கள் காணொளிகளை நீங்கள் கருதக்கூடாது
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A red herring prospectus is issued to potential investors, but does not have complete particulars on the price of the securities offered and quantum of securities to be issued. The front page of the prospectus displays a bold red disclaimer stating that information in the prospectus is not complete and may be changed, and that the securities may not be sold until the registration statement, filed with the market regulator, is effective. Potential investors may not place buy orders for the security, based solely on the information contained within the preliminary prospectus. Those investors may, however, express an "indication of interest" in the offering, provided that they have received a copy of the red herring at least 48 hours prior to the public sale. After the registration statement becomes effective, and the stock is offered to the public, indications of interest may be converted to purchase orders, at the buyer's discretion. The final prospectus must then be promptly delivered to the buyer.
Drag a red herring 'cross the trail Singing songs, telling tales This is how, they prevail Meek as a lamb, gentle as a flower Where have they gone? Did they take your daughter? Joyous laughs, with open arms This is how the weak are worn Supply and demand take more and more Lost in a pack hysteria Well behaved, with nice manners This is how they pick the right one Wrong directions with unhappy endings
... for sale of shares worth ₹3,500 crore by promoter Menon Family Holdings Trust, according to the draft red herring prospectus (DRHP) filed on Friday.
The press release also revealed that GEML is preparing for an initial public offering, having filed a draft red herring prospectus with SEBI on December 23, 2024 ....
... and an OFS of up to 1.31 crore equity shares worth ₹560 crore by promoters -- Rajesh Vrajlal Khakhar and Sameer Kamlesh Merchant, and other shareholders, according to the Red Herring Prospectus (RHP).
Representational Photo...Initial Public Offerings, or IPOs, have become a hot topic today ... Company financials and prospectus ... Access to DRHP (Draft Red Herring Prospectus) for in-depth company analysis ... Understand the DRHP (Draft Red Herring Prospectus) ... .
The initial public offer of Laxmi Dental Ltd got fully subscribed within minutes of opening for bidding on Monday.</p>.<p>The initial share sale received bids for 1,49,18,937 shares ...
... an OFS of up to 1.31 crore equity shares worth Rs 560 crore by promoters -- Rajesh Vrajlal Khakhar and Sameer Kamlesh Merchant, and other shareholders, according to the Red Herring Prospectus (RHP).
NEW DELHI...The public issue had a fresh issuance of equity shares worth Rs 210 crore and an offer for sale (OFS) of up to 1.43 crore shares by promoters and other selling shareholders, according to the red herring prospectus (RHP) ... .
NEW DELHI... The initial share sale comprises a fresh issue of equity shares worth Rs 2,000 crore and an Offer-for-Sale (OFS) of Rs 2,000 crore by investor shareholders, according to the Draft Red Herring Prospectus (DRHP) filed in August last year ... .
... Kamlesh Merchant, and other shareholders, as stated in the Red Herring Prospectus (RHP).OrbiMed Asia II Mauritius Ltd will also participate in the OFS of this leading B2C dental aligner company.