What is the difference between shelf prospectus and prospectus?

Answer 1

'Abridged Prospectus' is a shorter version of the Prospectus and contains all the salient features of a Prospectus. It accompanies the application form of public issues.
Abridged Prospectus" means the memorandum as prescribed in Form 2A under subsection (3) of section 56 of the Companies Act, 1956. It contains all the salient features of a prospectus. It accompanies the application form of public issues.

Answer 2

A prospectus is a legal document that provides details about a financial security being offered to the public. A shelf prospectus is a type of prospectus that allows a company to register a security with the regulatory authority without selling the entire issue at once, enabling the company to offer securities incrementally over a period of time.

Answer 3

The main difference is that a shelf prospectus has no deal associated with it and is expected to be acted upon within two years. A prospectus has a deal already associated with it.