{"id":12920,"date":"2025-08-25T17:36:08","date_gmt":"2025-08-25T12:06:08","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=12920"},"modified":"2025-08-25T17:36:19","modified_gmt":"2025-08-25T12:06:19","slug":"what-is-a-shelf-prospectus","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/what-is-a-shelf-prospectus\/","title":{"rendered":"What is a Shelf Prospectus? Meaning &amp; Examples"},"content":{"rendered":"\n<p>When companies in India plan to raise funds from the public, they\u2019re required to share detailed documents with investors. These documents explain the company\u2019s financial health, risks, and other important details. One such document is called a shelf prospectus.<\/p>\n\n\n\n<p>In recent years, the term has gained importance in company law and investment discussions. But many still wonder why it exists, how it works, and how it differs from other documents like a red herring prospectus. This blog will walk you through everything \u2014 from the meaning and benefits of a shelf prospectus to its role for investors and companies \u2014 in a simple and easy-to-grasp way.<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li class=\"\"><a href=\"#what-is-a-shelf-prospectus\">What is a Shelf Prospectus?<\/a><\/li><li class=\"\"><a href=\"#shelf-prospectus-in-company-law\">Shelf Prospectus in Company Law<\/a><\/li><li class=\"\"><a href=\"#why-do-companies-use-a-shelf-prospectus\">Why Do Companies Use a Shelf Prospectus?<\/a><\/li><li class=\"\"><a href=\"#eligibility-criteria-for-issuing-a-shelf-prospectus\">Eligibility Criteria for Issuing a Shelf Prospectus<\/a><\/li><li class=\"\"><a href=\"#entities-which-can-issue-shelf-prospectus\">Entities Which Can Issue Shelf Prospectus<\/a><\/li><li class=\"\"><a href=\"#shelf-prospectus-vs-red-herring-prospectus\">Shelf Prospectus vs Red Herring Prospectus<\/a><\/li><li class=\"\"><a href=\"#advantages-disadvantages-of-shelf-prospectus\">Advantages &amp; Disadvantages of Shelf Prospectus<\/a><ul><\/ul><\/li><li class=\"\"><a href=\"#how-is-a-shelf-prospectus-useful-for-an-investor\">How Is a Shelf Prospectus Useful for an Investor?<\/a><\/li><li class=\"\"><a href=\"#conclusion\">Conclusion<\/a><\/li><li class=\"\"><a href=\"#frequently-asked-questions\">Frequently Asked Questions<\/a><ul><li class=\"\"><a href=\"#faq-question-1756104244942\">What is meant by a Shelf Prospectus?<\/a><\/li><li class=\"\"><a href=\"#faq-question-1756104254126\">What is the Shelf Prospectus Section 31?<\/a><\/li><li class=\"\"><a href=\"#faq-question-1756104272002\">What are the four types of Prospectus?<\/a><\/li><li class=\"\"><a href=\"#faq-question-1756104289098\">Who can issue a Shelf Prospectus?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-is-a-shelf-prospectus\"><strong>What is a Shelf Prospectus?<\/strong><\/h2>\n\n\n\n<p>A shelf prospectus is a legal document that allows a company to issue securities to the public in multiple rounds without filing a fresh prospectus each time. Instead, one approved document can be used for several offers within a fixed period, usually up to one year.<\/p>\n\n\n\n<p>Under Section 31 of the Companies Act, 2013, and as regulated by <a href=\"https:\/\/www.sebi.gov.in\/about-sebi.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.sebi.gov.in\/about-sebi.html\" rel=\"noreferrer noopener\">SEBI<\/a> in India, a shelf prospectus is mainly used by public financial institutions, banks, and companies planning to raise funds more than once. It helps save time, reduce costs, and ensures that investors receive transparent and updated information before making investment decisions.<\/p>\n\n\n\n<p>In simple words, the shelf prospectus meaning can be understood as a \u201cready-made prospectus\u201d that sits on the shelf and can be used whenever a company decides to launch a new issue of securities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"shelf-prospectus-in-company-law\">Shelf Prospectus in Company Law<\/h2>\n\n\n\n<p>In India, the concept of a shelf prospectus in company law is governed by Section 31 of the Companies Act, 2013, along with the regulations of the Securities and Exchange Board of India (SEBI). This provision allows certain companies to file a single shelf prospectus with the Registrar of Companies and then issue multiple offers of securities under it, without preparing a fresh prospectus each time.<\/p>\n\n\n\n<p>The law specifies that this prospectus remains valid for up to one year from the date of its first issue, and during this period, the company can launch different rounds of fundraising by filing only an information memorandum for updates. This ensures that investors still get the latest details while companies save time and costs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-do-companies-use-a-shelf-prospectus\"><strong>Why Do Companies Use a Shelf Prospectus?<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"649\" height=\"607\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2025\/08\/Gold-ETF-vs-Gold-BeES_-What-is-the-Difference_-visual-selection-4.png\" alt=\"Why Do Companies Use a Shelf Prospectus?\" class=\"wp-image-12921\" style=\"width:463px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2025\/08\/Gold-ETF-vs-Gold-BeES_-What-is-the-Difference_-visual-selection-4.png 649w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2025\/08\/Gold-ETF-vs-Gold-BeES_-What-is-the-Difference_-visual-selection-4-450x421.png 450w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2025\/08\/Gold-ETF-vs-Gold-BeES_-What-is-the-Difference_-visual-selection-4-150x140.png 150w\" sizes=\"(max-width: 649px) 100vw, 649px\" \/><\/figure>\n<\/div>\n\n\n<p>A shelf prospectus is not just about saving paperwork; companies use it as a smart strategy to align fundraising with their long-term goals. It allows them to plan multiple rounds of capital raising while staying flexible with timing and market conditions.<\/p>\n\n\n\n<p>Here are the main reasons why companies prefer using a prospectus:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Better Timing of Issues<\/strong> \u2013 Companies can wait for favourable stock market conditions or investor demand before launching a new issue.<\/li>\n\n\n\n<li><strong>Flexibility in Securities<\/strong> \u2013 It covers different instruments like <a href=\"https:\/\/www.investopedia.com\/terms\/b\/bond.asp\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.investopedia.com\/terms\/b\/bond.asp\" rel=\"noreferrer noopener\">bonds<\/a>, <a href=\"https:\/\/www.investopedia.com\/terms\/d\/debtsecurity.asp\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.investopedia.com\/terms\/d\/debtsecurity.asp\" rel=\"noreferrer noopener\">debt securities<\/a>, or shares, making it easier to attract varied investor groups.<\/li>\n\n\n\n<li><strong>Cost-Effective Compliance<\/strong> \u2013 Filing one document reduces repetitive legal expenses and administrative work for every new issue.<\/li>\n\n\n\n<li><strong>Investor Confidence<\/strong> \u2013 Since disclosures are already cleared by SEBI, investors trust that the information is authentic and regularly updated.<\/li>\n\n\n\n<li><strong>Quick Fundraising<\/strong> \u2013 When funds are needed urgently, companies can issue securities faster without the delays of preparing a fresh prospectus.<\/li>\n<\/ul>\n\n\n\n<p>In short, companies use this prospectus because it gives them flexibility, cost savings, and credibility \u2014 advantages that are difficult to achieve with traditional prospectus filings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"eligibility-criteria-for-issuing-a-shelf-prospectus\"><strong>Eligibility Criteria for Issuing a Shelf Prospectus<\/strong><\/h2>\n\n\n\n<p>Not every company in India can file this prospectus. To protect investors and maintain transparency, SEBI and the Companies Act set clear rules that companies must follow.<\/p>\n\n\n\n<p>A company must meet the following eligibility criteria to issue a shelf prospectus in India:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Minimum Market Value<\/strong> \u2013 The company must have a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Market_capitalization\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Market_capitalization\" rel=\"noreferrer noopener\">market capitalisation<\/a> of \u20b9500 crore or more.<\/li>\n\n\n\n<li><strong>Credit Rating Requirement<\/strong> \u2013 The securities or bonds issued must carry a credit rating of AA- or higher, ensuring financial stability and reduced risk for investors.<\/li>\n\n\n\n<li><strong>Dematerialisation Agreement<\/strong> \u2013 The company must enter into an agreement with SEBI for <a href=\"https:\/\/www.sebi.gov.in\/sebi_data\/docfiles\/20618_t.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.sebi.gov.in\/sebi_data\/docfiles\/20618_t.html\" rel=\"noreferrer noopener\">dematerialisation of securities<\/a>, meaning all securities will be issued in electronic form only.<\/li>\n\n\n\n<li><strong>Debt Repayment Record \u2013 <\/strong>The company must show a consistent track record of repaying debts on time, which builds investor trust.<\/li>\n\n\n\n<li><strong>No Regulatory Action<\/strong> \u2013 The promoters and directors of the company should not have any pending cases or regulatory actions against them.<\/li>\n<\/ul>\n\n\n\n<p>For investors, this provides extra protection because the document is linked with regulatory approval, high credit ratings, and strict eligibility filters.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"entities-which-can-issue-shelf-prospectus\"><strong>Entities Which Can Issue Shelf Prospectus<\/strong><\/h2>\n\n\n\n<p>In India, Only selected categories of entities are allowed to use it, mainly because of the financial strength and credibility required to protect investors.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Public Financial Institutions<\/strong> \u2013 Institutions notified by the government, such as IDBI or IFCI, are allowed to use a this prospectus since they frequently raise funds from the public.<\/li>\n\n\n\n<li><strong>Scheduled Banks<\/strong> \u2013 Large commercial banks often rely on this prospectuses for issuing bonds or debt securities in multiple rounds.<\/li>\n\n\n\n<li><strong>Public Sector Banks &amp; Companies<\/strong> \u2013 Certain government-backed entities raising funds for infrastructure or public projects can issue a shelf prospectus.<\/li>\n\n\n\n<li><strong>NBFCs (Non-Banking Financial Companies)<\/strong> \u2013 SEBI-approved NBFCs with strong credit ratings are also permitted, especially when they issue <a href=\"https:\/\/www.sebi.gov.in\/legal\/regulations\/apr-2022\/securities-and-exchange-board-of-india-issue-and-listing-of-non-convertible-securities-regulations-2021-last-amended-on-april-11-2022-_58126.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.sebi.gov.in\/legal\/regulations\/apr-2022\/securities-and-exchange-board-of-india-issue-and-listing-of-non-convertible-securities-regulations-2021-last-amended-on-april-11-2022-_58126.html\" rel=\"noreferrer noopener\">non-convertible debentures<\/a> (NCDs).<\/li>\n\n\n\n<li><strong>Other SEBI-Authorised Companies<\/strong> \u2013 Apart from the above, SEBI may grant approval to companies that meet the eligibility criteria (like market capitalisation of \u20b9500 crore, AA- rating, debt repayment track record, etc.).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"shelf-prospectus-vs-red-herring-prospectus\">Shelf Prospectus vs Red Herring Prospectus<\/h2>\n\n\n\n<p>Both a shelf prospectus and a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Red_herring_prospectus\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Red_herring_prospectus\" rel=\"noreferrer noopener\">red herring prospectus<\/a> are used by companies to raise money from the public, but they serve very different purposes.\u00a0<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Basis of Comparison<\/strong><\/th><th><strong>Shelf Prospectus<\/strong><\/th><th><strong>Red Herring Prospectus<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>Meaning<\/strong><\/td><td>A prospectus that allows a company to issue securities multiple times within a year without filing a fresh prospectus each time.<\/td><td>A preliminary prospectus issued before an IPO that contains most details but excludes the final price of shares.<\/td><\/tr><tr><td><strong>Purpose<\/strong><\/td><td>Used for repeated fundraising (mainly through bonds, debt instruments, or multiple issues).<\/td><td>Used for <a href=\"https:\/\/ipo.lakshmishree.com\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/ipo.lakshmishree.com\/\" rel=\"noreferrer noopener\">initial public offerings<\/a> (IPOs) to give investors information before price discovery.<\/td><\/tr><tr><td><strong>Validity<\/strong><\/td><td>Valid for up to one year from the first offer.<\/td><td>Valid only until the IPO is finalised.<\/td><\/tr><tr><td><strong>Regulated By<\/strong><\/td><td>Section 31 of the Companies Act, 2013 and SEBI guidelines.<\/td><td>Section 32 of the Companies Act, 2013 and SEBI regulations.<\/td><\/tr><tr><td><strong>Information Provided<\/strong><\/td><td>Contains complete and updated disclosures; later issues only need an information memorandum.<\/td><td>Contains most information but excludes the share price and quantum of issue.<\/td><\/tr><tr><td><strong>Common Users<\/strong><\/td><td>Financial institutions, banks, NBFCs, and SEBI-approved companies.<\/td><td>Companies are going for IPOs on the stock market.<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"advantages-disadvantages-of-shelf-prospectus\"><strong>Advantages &amp; Disadvantages of Shelf Prospectus<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"727\" height=\"496\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2025\/08\/Gold-ETF-vs-Gold-BeES_-What-is-the-Difference_-visual-selection-5.png\" alt=\"\" class=\"wp-image-12937\" style=\"width:554px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2025\/08\/Gold-ETF-vs-Gold-BeES_-What-is-the-Difference_-visual-selection-5.png 727w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2025\/08\/Gold-ETF-vs-Gold-BeES_-What-is-the-Difference_-visual-selection-5-617x421.png 617w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2025\/08\/Gold-ETF-vs-Gold-BeES_-What-is-the-Difference_-visual-selection-5-150x102.png 150w\" sizes=\"(max-width: 727px) 100vw, 727px\" \/><\/figure>\n<\/div>\n\n\n<p>This prospectus has its own strengths and limitations. Understanding both sides helps companies and investors know when this document is truly beneficial and when it may not be the best fit.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"advantages-of-shelf-prospectus\"><strong>Advantages of Shelf Prospectus<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Saves Time and Cost<\/strong> \u2013 Companies don\u2019t need to file a fresh prospectus for every issue, reducing paperwork and expenses.<\/li>\n\n\n\n<li><strong>Flexibility in Fundraising<\/strong> \u2013 Allows multiple issues of securities within a year, helping companies raise money as per market conditions.<\/li>\n\n\n\n<li><strong>Investor Transparency<\/strong> \u2013 Disclosures are approved by SEBI and updated through information memorandums, which build investor confidence.<\/li>\n\n\n\n<li><strong>Efficient for Large Institutions<\/strong> \u2013 Best suited for banks, NBFCs, and financial institutions that frequently raise capital.<\/li>\n\n\n\n<li><strong>Encourages Market Participation<\/strong> \u2013 Clear and pre-approved details attract both retail and institutional investors.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"disadvantages-of-shelf-prospectus\"><strong>Disadvantages of Shelf Prospectus<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Limited Validity<\/strong> \u2013 Valid only for one year, after which a new prospectus must be filed.<\/li>\n\n\n\n<li><strong>Not for All Companies<\/strong> \u2013 Only SEBI-approved, financially strong entities can use it, limiting its scope.<\/li>\n\n\n\n<li><strong>Compliance Burden for Updates<\/strong> \u2013 Companies must file an information memorandum before every issue, which still requires effort and accuracy.<\/li>\n\n\n\n<li><strong>Less Suitable for IPOs<\/strong> \u2013 Shelf prospectus is better for bonds or debt instruments; it doesn\u2019t serve the IPO process like a red herring prospectus does.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-is-a-shelf-prospectus-useful-for-an-investor\"><strong>How Is a Shelf Prospectus Useful for an Investor?<\/strong><\/h2>\n\n\n\n<p>For an investor, a prospectus may not look like a direct advantage, since it is mainly designed to make fundraising easier for companies. However, it still plays an important indirect role in protecting investors and improving their decision-making.<\/p>\n\n\n\n<p>Here\u2019s how it helps investors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Transparency of Information<\/strong> \u2013 Since this prospectus is approved by SEBI and updated through information memoranda, investors can rely on the accuracy of disclosures.<\/li>\n\n\n\n<li><strong>Easy Access to Data<\/strong> \u2013 Investors don\u2019t need to go through multiple prospectuses; one prospectus gives them most of the details about different issues within a year.<\/li>\n\n\n\n<li><strong>Trust in Credible Companies<\/strong> \u2013 Only companies meeting strict eligibility (like strong credit ratings and no pending regulatory actions) can issue a shelf prospectus. This filters out risky issuers.<\/li>\n\n\n\n<li><strong>Better Investment Planning<\/strong> \u2013 Investors know that a company will be raising funds multiple times, allowing them to plan their participation in upcoming issues.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\">Conclusion<\/h2>\n\n\n\n<p>A shelf prospectus is a special type of prospectus in company law that lets eligible companies issue securities multiple times within a year without filing fresh documents. Regulated by SEBI and the Companies Act, 2013, it helps institutions like banks, NBFCs, and financial companies save time and cost while ensuring transparency for investors.<\/p>\n\n\n\n<p>For companies, it provides flexibility and efficient fundraising; for investors, it offers trust and easy access to reliable information. Though not useful for all businesses, a prospectus plays a key role in India\u2019s capital markets by balancing company convenience with investor protection.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"frequently-asked-questions\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<ol class=\"rank-math-list \">\n<li id=\"faq-question-1756104244942\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>What is meant by a Shelf Prospectus?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A shelf prospectus is a type of prospectus that allows a company to raise money through multiple issues of securities under a single approved document. Instead of filing a new prospectus every time, the company can use one shelf prospectus for all offers within a year, updating details through information memorandums as required by SEBI.<\/p>\n\n<\/div>\n<\/li>\n<li id=\"faq-question-1756104254126\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span>What is the Shelf Prospectus Section 31?<\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Section 31 of the Companies Act, 2013, deals with the legal provision of a shelf prospectus. It states that certain entities, such as public financial institutions, scheduled banks, and SEBI-authorised companies, can file this prospectus and issue securities in multiple rounds without having to prepare fresh documents for each issue.<\/p>\n\n<\/div>\n<\/li>\n<li id=\"faq-question-1756104272002\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>What are the four types of Prospectus?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Under company law, the four main types of prospectus are: the shelf prospectus, the red herring prospectus, the deemed prospectus, and the abridged prospectus. Each serves a different purpose in fundraising, with a shelf prospectus allowing multiple issues, a red herring prospectus being used for <a href=\"https:\/\/ipo.lakshmishree.com\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/ipo.lakshmishree.com\/\" rel=\"noreferrer noopener nofollow\">IPOs<\/a>, a deemed prospectus covering offers through intermediaries, and an abridged prospectus providing a summary version to investors.<\/p>\n\n<\/div>\n<\/li>\n<li id=\"faq-question-1756104289098\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Who can issue a Shelf Prospectus?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A shelf prospectus can be issued by public financial institutions, scheduled banks, Non-Banking Financial Companies (NBFCs), and other SEBI-approved companies that meet eligibility criteria. These companies must have a market capitalisation of at least \u20b9500 crore, a strong credit rating of AA- or above, a clear record of debt repayment, and no pending regulatory actions against their promoters or directors.<\/p>\n\n<\/div>\n<\/li>\n<li id=\"faq-question-1756104300829\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Difference between a shelf prospectus and a red herring prospectus?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The difference between a shelf prospectus and a red herring prospectus lies in their purpose and usage. A shelf prospectus is used for repeated fundraising through bonds or securities within one year, while a red herring prospectus is issued during an IPO and contains most details except the final share price.<\/p>\n\n<\/div>\n<\/li>\n<li id=\"faq-question-1756104314490\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>How long is a shelf prospectus valid?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>In India, a shelf prospectus is valid for a period of one year from the date of its first issue. Within this time, a company can issue multiple rounds of securities under the same document, provided it submits updated information memorandums to SEBI and the Registrar of Companies for each new offer.<\/p>\n\n<\/div>\n<\/li>\n<\/ol>\n<\/div>\n\n\n<pre class=\"wp-block-code\"><code><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">Disclaimer: This article is intended for educational purposes only. Please note that the data related to the mentioned companies may change over time. The referenced securities are provided as examples and should not be considered recommendations.<\/mark><\/code><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>When companies in India plan to raise funds from the public, they\u2019re required to share detailed documents with investors. These documents explain the company\u2019s financial health, risks, and other important details. One such document is called a shelf prospectus. In recent years, the term has gained importance in company law and investment discussions. But many [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":12939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[269],"tags":[674],"class_list":["post-12920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-basics","tag-self-prospectus-meaning"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/12920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=12920"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/12920\/revisions"}],"predecessor-version":[{"id":12940,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/12920\/revisions\/12940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/12939"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=12920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=12920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=12920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}