DRHP of Pranik Logistics Ltd. IPO

An "offer document" refers to a Prospectus for a public offering or offer for sale, and a Letter of Offer for a rights issue. This document is submitted to the Registrar of Companies (ROC) and Stock Exchanges. It contains comprehensive information essential for investors to decide whether or not to invest.

A "red herring prospectus" is a document used in public offerings that doesn't specify the price or exact number of shares being offered, or the total amount of the issue. Instead, it reveals the upper and lower price bands within which the final price will be determined. The issuer might indicate the size of the issue and finalize the number of shares later in the process.

A "Draft Offer Document" refers to the preliminary version of the Offer Document. This draft is submitted along with necessary documents before the final offer document is filed with SEBI, ROC, or Stock Exchanges. SEBI may require certain modifications during this stage. The issuer or lead merchant banker must provide their comments or observations on the draft offer document. These comments are used to refine the draft before the final offer document is submitted to ROC or Stock Exchanges.