Initial public offering of up to [*] equity shares of face value of Re. 2 each (the "Equity Shares") of Aye Finance Limited ("Company" or "Issuer") for cash at a price of Rs. [*] per equity share (the "Offer Price") aggregating to Rs. 1450 crores (The "Offer") comprising a fresh issue of [*] equity shares aggregating up to Rs.885 crores (The "Fresh Issue") and an offer for sale of up to [*] equity shares aggregating to Rs. 565 crores (The "Offer for Sale"), comprising an offer for sale of up to [*] equity shares aggregating to Rs. 542.84 crores by corporate selling shareholders (As Defined Hereinafter) and up to [*] equity shares aggregating to Rs.22.16
crores by individual selling shareholders (As Defined Hereinafter) (Together, the "Selling Shareholders", and such equity shares, the "Offered Shares").
The company in consultation with the brlms, may consider a further issue of specified securities to certain investors for an amount aggregating up to Rs. 177 crores, as permitted under applicable laws on or prior to the date of filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. 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 into 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.
The price band and the minimum bid lot shall be decided by the company.
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