| Initial public offer of upto 60,48,000 equity shares of face value of
inr.10 /- each (the "Equity Shares") of Corrtech Energy Limited ("The Company" or "CEL" or "The Issuer") at an issue price of inr [*] per equity share for cash, aggregating up to inr [*] crores ("Public Issue") out of which 3,04,000 equity shares of face value of inr 10 each, at an issue price of inr [*] per equity share for cash, aggregating inr [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto [*] equity shares of face value of
inr 10 each, at an issue price of inr [*] per equity share for cash, aggregating inr [*] crores will be reserved for subscription by eligibles (the employee reservation portion). The public issue less market maker reservation portion and employee reservation portion i.e. issue of [*] equity shares of face value of inr 10 each, at an issue price of inr [*] per equity share for cash, aggregating upto inr [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and [*]% respectively of the post-issue paid-up equity share capital of the company.
The price band and the minimum bid lot will be decided by the company.
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