| Initial public offering of up to [*] equity shares of face value of Rs. 5 each ("equity shares") of Keventer Agro Limited ("company") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (the "offer price") aggregating up to Rs. [*] Crores ("offer"). The offer comprises a fresh issue of [*] equity shares aggregating up to Rs. 350 Crores ("fresh issue") and an offer for sale of up to 10,767,664* equity shares by Mandala Swede Spv ("selling shareholder", and such equity shares, the "offered shares") aggregating up to Rs. [*] Crores ("offer for sale"). The offer will constitute [*]% of the post offer paid-up equity share capital of the company. This offer includes a reservation of up to [*] equity shares aggregating up to Rs. [*] Crores (constituting up to [*]% of the post-offer paid-up equity share capital of the company) for purchase by Eligible Employees (The "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer would constitute at least [*]% and [*]% of the post-offer paid-up equity share capital, respectively.
*includes 15,351,861 Ccps, which shall be converted up to a maximum of 9,151,678 equity shares prior to the filing of the red herring prospectus with the roc, solely for the purpose of the offer.
The company, in consultation with the brlms and subject to the terms of the SSHA (as defined hereinafter), may consider a private placement of up to such number of equity shares for cash consideration aggregating up to Rs. 50 Crores, at its discretion, prior to filing of the red herring prospectus with the roc ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company and the selling shareholder in consultation with the BRLMs. If the pre-ipo placement is undertaken, the amount raised from the pre-ipo placement will be reduced from the fresh issue.
The price band and the minimum bid lot will be decided by the company.
The face value of equity shares is Rs. 5 each.
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