| Initial public offering of up to [*] equity shares of face value of
Rs. 10 each ("Equity Shares") of JSW Cement Limited ("Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. 4000.00 crores (the "Offer") comprising of a fresh issue of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs. 2000.00 crores ("Fresh Issue") and an offer for sale of up to [*] equity shares of face value of Rs. 10 each ("Offered Shares") aggregating up to Rs. 2000.00 crores comprising up to [*] equity shares of face value of Rs. 10 each by AP Asia Opportunistic Holdings Pte. Ltd. aggregating up to Rs. 937.50 crores, up to [*] equity shares of face value of Rs. 10 each by Synergy Metals Investments Holding Limited aggregating up to Rs. 937.50 crores and up to [*] equity shares of face value of Rs. 10 each by State Bank of India aggregating up to Rs. 125.00 crores (collectively, "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company.
The company, in consultation with the brlms, may consider a further issue of equity shares through a preferential offer or any other method as may be permitted in accordance with applicable law to any person(s), of up to [*] equity shares for an amount aggregating up to Rs. 400.00 crores, at its discretion, with the roc ("pre-ipo placement). If the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended ("scrr"). Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result in listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the red herring prospectus and prospectus.
The face value of the equity shares is Rs. 10 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.
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