Prospectus

Prospectus A formal public document offering to sell shares, setting forth details an investors needs to know to make an investment decision. A prospectus will have the following heads of information: business of the company; promoters and business collaboration; management; the board of directors; cost of the project and the means of finance, status of the project (i.e., how soon commercial production will begin); business prospectus and profitability; the size of the issue; listing, tax benefits if any; and the names of underwriters and managers to the issue. The SEBI now requires risk factors to be clearly spelt out. If the offer is at a premium it is now mandatory to mention the price the erstwhile CCI would have permitted

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