| Initial public offering of up to [*] equity shares of face value of Rs. 1 each ("equity shares") of Droom Technology 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. [*] crores (the "Offer") comprising a fresh issue of up to [*] equity shares by the company aggregating up to Rs. 2000.00 crores ("Fresh Issue") and an offer for sale of up to [*] equity shares ("Offered Shares") by Droom Pte. Ltd. ("Promoter Selling Shareholder") aggregating up to Rs. 1000.00 crores ("Offer for Sale"). The offer would 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, including by way of a private placement or any other methods as may be permitted in accordance with applicable law, for cash consideration aggregating up to Rs. 400.00 crores, at its discretion, with the roc ("Pre-ipo Placement"). Any amount raised pursuant to such a pre-ipo placement will be reduced from the amount of the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (the "Scrr").
The face value of the equity shares is Rs. 1 each and the offer price is [*] times the face value of the equity shares.
The price band and the minimum bid lot size will be decided by the company.
|
