| Initial public offering of up to 4,95,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Enviro Infra Engineers Limited ("The Company" or "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. [*] crores ("Offer"). The offer comprises a fresh issue of up to 4,42,32,000 equity shares aggregating up to Rs. [*] crores ("Fresh Issue") and an offer for sale of up to 21,34,000 equity shares aggregating up to Rs. [*] crores by Sanjay Jain, up to 21,34,000 equity shares aggregating up to Rs. [*] crores by Manish Jain, up to 5,00,000 equity shares aggregating up to Rs. [*] crores by Ritu Jain and , up to 5,00,000 equity shares aggregating up to Rs. [*] crores by Shachi Jain (collectively, "Promoter Selling Shareholders" and such offer for sale by the promoter selling shareholders, "Offer for Sale").
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, for subscription by eligible employees ("Employee Reservation Portion"). The company may, in consultation with the brlm, offer a discount equivalent of Rs. [*] per equity share to the eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute [*]% and [*]% of the post-offer equity share capital of the company.
The company, in consultation with the brlm, may consider a pre-ipo placement, as may be permitted under the applicable laws, of up to 41,50,000 equity shares, at its discretion, with the roc. The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. 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 our 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 face value of equity shares is Rs. 10 each. The offer price is [*] times the value of the equity shares. The price band and the minimum bid lot will be decided by the company.
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