| Initial public offering up to 52,00,000 equity shares of Rs. 10/- each ("Equity Shares") of Emerald Tyre Manufacturers Limited ("Emerald" or the "Company") for cash at a price of Rs. [*] /- per equity share (the "Offer Price"), aggregating to Rs. [*] crores ("The Offer"), comprising a fresh offer of up to 50,00,000 equity shares aggregating to Rs. [*] crores by the company ("Fresh Offer") and an offer for sale of up to 1,20,000 equity shares by Karthikeyan Swarnam and up to 80,000 equity shares by
S Vijayalakshmi ("The Selling Shareholder") aggregating to Rs. [*] crores ("Offer for Sale"). Out of the offer, [*] equity shares aggregating to
Rs. [*] crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of [*] equity shares of face value of Rs. 10.00/- each at an offer price of Rs. [*] /- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute [*] % and [*]%, respectively of the post offer paid up equity share capital of the company.
The price band will be decided by the company.
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