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What is the difference between DRHP and RHP?

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DRHP vs RHP

The DRHP and the RHP are 2 different documents. While the DRHP is filed earlier, the RHP is filed by incorporating additional information and comments received from regulators. The table below makes the difference easy to understand:

DRHP RHP

Primary Document and filed at the time of Application submission.

Filed after the DRHP

Contains information related to company business, offer structure, management information, shareholding information, financial statements and other details related to IPO.

RHP is an updated version of DRHP. Latest financial statements and updated offer details and dates are mentioned in RHP

Mandatory to file DRHP for every IPO issue

RHP is mandatory in case of book built issues.

 

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