| Initial public offering of up to [*] equity shares of face value of Rs. 2 each ("Equity Shares") of Acme Solar Holdings Limited (The "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share including a securities premium of Rs. [*] per equity share (the "Offer Price") aggregating up to Rs. 3000.00 crores (the "Offer"). The offer comprises a fresh issue of [*] equity shares by the company aggregating up to
Rs. 2000.00 crores (the "Fresh Issue") and an offer for sale of up to [*] equity shares (the "Offered Shares") aggregating up to Rs. 1000.00 crores (the "Offer for Sale") by Acme Cleantech Solutions Private Limited (referred to as the "Promoter Selling Shareholder") the offer includes a reservation of up to [*] equity shares, aggregating up to Rs. [*] crores (constituting up to [*]% of the post offer paid-up equity share capital of the company), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The company may, in consultation with the book running lead managers ("brlms"), offer a discount of up to Rs. [*] on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount").
The company, in consultation with the brlms, may consider issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 400.00 crores with the roc ("pre-ipo placement"). 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 securities contracts (regulation) rules, 1957, as amended. 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 of the red herring prospectus and the prospectus.
The price band, the employee discount and the minimum bid lot will be decided by the company.
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