https://www.scconline.com/blog/post/2015/08/06/listing-and-issue-of-prospectus-mandatory-before-public-placement-offer-sebi-found-alchemist-capital-ltd-and-its-directors-guilty-of-illegally-raising-capital-from-the-public/
Listing, and issue of prospectus mandatory before public placement offer —SEBI found Alchemist Capital Ltd and its directors guilty of illegally raising capital from the public