A Company undergoing the process of Initial Public Offering has to file a Draft Red Herring Prospects with SEBI through an eligible merchant banker prior to filling a prospect with the registrar of Companies. What kind of information does this document should it provide? 1. Financial details about the company 2. Price and size of offerings 3. Products details 4. Objects of raising money Select the above correct statements.

The correct answer is D. 1 and 4.

A Draft Red Herring Prospectus (DRHP) is a document that is filed with the Securities and Exchange Board of India (SEBI) by a company that is planning to go public. The DRHP contains information about the company, its financial performance, its management team, and the risks associated with investing in the company. The DRHP is also used to determine the price of the company’s shares when they are first offered to the public.

The DRHP must include the following information:

• The company’s name and address
• The company’s business description
• The company’s financial statements
• The company’s management team
• The risks associated with investing in the company
• The price and size of the offering
• The objects of raising money

The DRHP is a public document and is available for anyone to read. It is important for investors to read the DRHP carefully before investing in a company.

In the given question, the company is undergoing the process of Initial Public Offering (IPO). The IPO is a process by which a company offers its shares to the public for the first time. The company has to file a Draft Red Herring Prospectus (DRHP) with SEBI through an eligible merchant banker prior to filing a prospectus with the registrar of Companies. The DRHP is a document that contains information about the company, its financial performance, its management team, and the risks associated with investing in the company. The DRHP is also used to determine the price of the company’s shares when they are first offered to the public.

The DRHP must include the following information:

• The company’s name and address
• The company’s business description
• The company’s financial statements
• The company’s management team
• The risks associated with investing in the company
• The price and size of the offering
• The objects of raising money

The DRHP is a public document and is available for anyone to read. It is important for investors to read the DRHP carefully before investing in a company.

In the given question, the company has to file a DRHP with SEBI. The DRHP must include information about the company’s financial details, the price and size of the offering, and the objects of raising money. Therefore, the correct answer is D. 1 and 4.