| Public offer of 54,82,000* equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Paramount Speciality Forgings Limited (the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (the "Offer Price") aggregating to Rs. [*] crores ("The Issue") comprising of a fresh issue of 48,02,000* of face value of Rs. 10.00/- each aggregating to Rs. [*] crores (the "Fresh Issue") and an offer for sale of 6,80,000* of face value of Rs. 10.00/- each of face value of by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. [*] crores of which 2,76,000* of face value of Rs. 10.00/- each aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of [*] equity shares aggregating to Rs. [*] crores (the "Net Offer"). The offer and the net offer will constitute 27.85* and 26.45* respectively of the post-issue paid-up equity share capital of the company.
* Subject to finanlization of basis allotment
Price Band: Rs. 57 to Rs. 59 per equity share of face value of Rs. 10 each.
The Floor Price is 5.7 times of the face value and the Cap Price is 5.9 times of the face value of the equity shares.
Bid cane be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter. |
