‘Draft Offer document’ means the offer document in draft stage. The draft offer documents are filed with Securities Exchange Board of India(SEBI), atleast 21 days prior to the filing of the Offer Document with Registrar of company (ROC)/Stock exchanges (SEs).

SEBI may specify changes, if any, in the draft Offer Document and the issuer or the lead merchant banker shall carry out such changes in the draft offer document before filing the Offer Document with ROC/SEs. The Draft Offer Document is available on the SEBI website for public comments for a period of 21 days from the filing of the Draft Offer Document with SEBI.

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