| Initial public issue of up to 37,68,000 equity shares of face value of
Rs. 10/- each of GRE Renew Enertech Limited ("GRE or the company or the issuer) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the issue price) aggregating to
Rs. [*] crores (the offer), comprising a fresh issue of up to 37,68,000 equity shares aggregating up to Rs. [*] crores by the company (fresh issue) out of whch, 1,95,600 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The offer less the market maker reservation portion i.e., net offer of up to 35,72,400 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of
Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the net offer. The offer and the net offer will constitute 26.37% and 25.00%, respectively, of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 10.00/- each and floor price and cap price are [*] times and [*] times of the face value of the
equity shares, respectively.
|
