IPO Details

Firstmeridian Business Services Ltd
Registered Office: 501 JollyBoard Tower 1,I Think Techno Campus Kanjur(E,Mumbai-400042, Maharashtra
Tel. No: 91-22-4218 0000
Fax No:
Email: investors@firstmeridian.com
Website: www.firstmeridian.com
Initial public offering of up to [*] equity shares of face value of Rs. 10 each ("Equity") of Firstmeridian Business Services Limited (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 "Offer Price") aggregating up to Rs. 740.00 crores (the "Offer"). The offer comprises of a fresh issue of up to [*] equity shares by the company aggregating up to Rs. 50.00 crores (the "Fresh Issue") and an offer for sale of up to [*] equity shares (the "Offered Shares") aggregating up to Rs. 690.00 crores (the "Offer for Sale"), comprising offers for sale of (a) up to [*] equity shares aggregating up to Rs. 615.00 crores by Manpower Solutions Limited (the "Promoter Selling Shareholder"), (b) up to [*] equity shares aggregating up to Rs. 42.50 crores by New Lane Trading llp, and (c) up to [*] equity shares aggregating up to Rs. 32.50 crores by Seedthree Trading llp (the "Other Selling Shareholders" and together with the promoter selling shareholder, the "Selling Shareholders" ) (the "Offer for Sale", and together with the fresh issue, the "Offer"). The offer will constitute [*]% of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 10 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid size will be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹0.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 0 Further Multiples of : 0
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Dam Capital Advisors Ltd
Project Financed through Current Offer 740.00 Edelweiss Financial Services Ltd
Post Issue Equity Share Capital 0.00 IIFL Securities Ltd
Issue Price 0.00 JM Financial Ltd
Projects
Repayment and/ or prepayment of all or certain portion of outstanding borrowing (including accrued interest) availed by one of its subsidiary, namely Innovosource Services Pvt Ltd
General corporate purposes
Promoted By
Manpower Solutions Ltd
Listing At
BSE
NSE
Registrar To The Issue
Link Intime India Pvt Ltd