DRHP Lens
DRHP · RHP · NCD prospectus · AIF PPM · Annual report

Read a 400-page DRHP in ten minutes.

DRHP Lens maps the sections a diligence team checks first, flags the wording that usually signals trouble, and writes an analyst note where every point is cited to a page you can check.

Free scan runs in your browser. No sign-up, nothing uploaded.

drhplens.com/app · sample · fictional company
Draft Red Herring Prospectus

Kaveri Cold Chain Limited

412 pagesAI note ready
75High
Red-flag
score
high

Large offer for sale

p. 12

61% of the issue goes to selling shareholders, not the business.

high

Promoter pledge

p. 150

About 12% of promoter shares pledged; release is a condition of the issue.

medium

Customer concentration

p. 31

Top 10 customers make up 58% of revenue.

Built by a listed-company CFO who led a main-board IPO and a listed NCD issue CA · CPA Every finding cited to a page No advice: a research tool you can verify

How it works

Four steps, from a PDF off the SEBI website to a report you can send to a client or your investment committee.

STEP 1

Upload the PDF

DRHP or RHP, NCD shelf prospectus or IM, AIF PPM, or annual report. The type is detected for you.

STEP 2

Free red-flag scan

Eighteen warning signals with page numbers and highlighted excerpts, in seconds.

STEP 3

AI analyst note

Key terms, a verdict for each checklist section, ranked risks and the questions to ask.

STEP 4

Ask, export, share

Ask questions with citations. Export to Excel or PDF, or send a share link.

What it looks for

The disclosures that tend to decide whether an issue deserves a closer look.

highAudit qualifications and emphasis of matter
highGoing concern doubts and wilful defaulter tags
highDefaults or delays in repaying lenders
mediumPromoter pledges and encumbrances
mediumOffer-for-sale heavy issues and use of proceeds
mediumCustomer or supplier concentration
mediumShow-cause notices and regulatory orders
mediumAuditor or KMP resignations
lowRelated party transactions and contingent liabilities

Why not just read it?

Reading the PDF yourselfWith DRHP Lens
Time for a first passFour to eight hoursAbout ten minutes
Finding the right sectionsHunting across 400+ pagesMapped for you, with page numbers
Warning signsEasy to miss in legal wordingFlagged and highlighted in context
Questions for managementDrafted from scratchDrafted from the document, ready to send
Sharing with your teamNotes in a separate fileExcel, PDF or a share link in one click

Who it's for

Retail and HNI investors

Know what you're subscribing to before the issue closes.

Wealth managers and family offices

Screen IPOs, NCDs and AIF PPMs before you put them in front of clients.

Analysts and CA firms

A cited first pass on any DRHP or annual report, ready for review.

CFOs and company secretaries

Benchmark peer disclosures before your own filing.

Pricing

Start free. Pay only when you want the AI analyst note.

Free

$0
  • Unlimited red-flag scans
  • Section map with page numbers
  • Runs in your browser
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$9 one-time
  • Unlimited AI notes for 24 hours
  • Q&A with page citations
  • Excel, PDF and share link
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Pro

$29 / month
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  • Every document type
  • Cancel any time
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Questions

Is this investment advice?

No. DRHP Lens summarises what a document says and points you to the page. It does not recommend subscribing, buying or selling. Read the offer document and consult a SEBI-registered adviser before you invest.

Where does my document go?

The PDF is read in your browser and the free scan never leaves your device. For the AI analysis, only the relevant page excerpts are sent for processing. We do not store documents.

What is the red-flag score?

A 0–100 measure of how many warning signals the document carries and how serious they are. It tells you where to look harder. It is not a credit rating or an investment recommendation.

Which documents work best?

Text-based PDFs as published on SEBI, NSE and BSE. Scanned image-only PDFs need OCR first.

How accurate is the AI note?

It uses only text from the document and cites pages, but AI can still miss or misread. Treat it as a first pass and check against the cited page.

Can I cancel Pro?

Yes, any time, from the link in your receipt email. Access runs to the end of the paid month. See the refund policy.

Try it on the next IPO you're looking at.

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