| Initial public offering of up to (*) equity shares of face value of Rs.10 each (the "equity shares") of Hinduja Leyland Finance Limited ("hlfl" or the "company" or the "company" or the "issuer") for cash at a price of Rs. (*)per equity share (including share premium of Rs. (*) per equity share) (the "offer price") aggregating up to Rs. (*) Crores (the "offer"). The offer comprises a fresh issue of up to (*) equity shares aggregating up to Rs. 500 Crores by the company (the "fresh issue") and an offer for sale of up to 21,900,000 equity shares aggregating up to Rs. (*) Crores by everfin holdings, up to 2,282,475 equity shares aggregating up to Rs. (*) Crores by Hinduja Ventures Limited and up to 6,500,000 equity shares aggregating up to Rs.(*) Crores by Indusind International Holdings Limited (the "selling shareholders" and such offered shares "offered shares") (the "offer for sale"). The offer shall constitute (*)% of the post-offer paid-up equity share capital of the company.
The company and the selling shareholders, in consultation with the book running lead managers ("brlms"), are considering a private placement of up to 10,000,000 equity shares for cash consideration aggregating up to Rs. 200 Crores, prior to filing of the red herring prospectus with the roc ("pre-ipo placement"). If the pre-ipo placement is completed, the number of equity shares issued pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to a minimum offer size of at least such percentage of equity shares as is equivalent to a value of Rs. 200 Crores (calculated at the offer price) being offered to the public.
The price band, any retail discount* and the minimum bid lot will be decided by the company. |
