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The prospectus which is used in the book building method of determination of price of securities to be issued and such prospectus does not include complete particulars of quantum or price of securities is known as:
Shelf prospectus
Deemed prospectus
Red herring prospectus
Abridged prospectus
None of the above
Red Herring prospectus means a prospectus which does not include complete particulars of the quantum of issue and price of the securities being offered to the public for subscription and is used in the book building method of determination of price of securities to be issued.
By: Vikas Goyal ProfileResourcesReport error
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