| Intial public offering of up to [*] equity shares of face value of Rs. 5 each ("Equity Shares") of Course5 Intelligence Limited ("The Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("Offer Price") aggregating up to
Rs. 600.00 crores ("Offer"). The offer comprises of a fresh issue of up to [*] equity shares aggregating up to Rs. 300.00 crores (The "Fresh Issue") and an offer for sale up to [*] equity shares aggregating up to Rs. 300.00
crores,comprising of up to [*] equity shares by Ashwin Mittal Aggregating up to Rs. 32.50 crores, up to [*] equity shares by Riddhymic Technologies Pvt Ltd aggregating up to Rs. 40.00 crores, up to [*] equity shares by Riddhymic Technoserve LLP aggregating up to Rs. 40.00 crores, up to [*] equity shares by AM Family Pvt Trust aggregating up to Rs. 112.50 crores (The "Promoter Selling Shareholders") and up to [*] equity shares by Kumar Kantilal Mehta aggregating up to Rs. 75.00 crores (The "Other Selling Shareholders" and together with the promoter selling shareholders, the "Selling Shareholders") (The "Offer for Sale"). The offer will constitute [*]% of the post-offer paid-up equity share capital.
This offer includes a reservation of up to [*] equity shares aggregating up to Rs. [*] crores for subscription by eligible employees (The "Employee Reservation Portion"). The employee reservation portion shall not exceed 5% of the post-offer paid-up equity share capital of the company. The offer less the employee reservation portion is hereinafter referred to as the "Net
Offer". The company and the promoter selling shareholders in consulation with the book running lead managers (The "BRLMS"), may offer a discount up to [*]% of the offer price (Equivalent to Rs. [*] per equity share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer shall constitue [*]% and [*]% of the post-offer paid-up equity share capital of the company.
Subject to receipt of requisite regulatory apprvals and compliance with applicable law the company in consultation with the brlms, may consider a further issue of specified securities through a pvt placement, preffrential offer or any other method as may be permited under applicable law to any person (s), aggregating up to Rs. 60.00 crores, at its discretion, ("Pre-IPO-Placement'). If the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the net-offer company with rule 19 (2)(B) of the securities contracts (Regulations) rules,1957, as amendee ("SCRR").
The price band, employee discount (if any) and the minimum bid lot will be decided by the company. |
