Initial public offering of up to 2,78,00,000 equity shares of face value of Rs. 5 each ( the "Equity Shares") of Garuda Construction and Engineering Limited ("The Company" or the "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 ("The Offer"). The offer comprises of a fresh issue of up to 1,83,00,000. equity shares aggregating up to
Rs. [*] crores ("Fresh Issue") and an offer for sale of up to 1.25.00,000 equity shares by the promoter, PKH Ventures Limited aggregating up to
Rs. [*] crores (the "Promoter Selling Shareholder") (the "Offer for Sale", together with the fresh issue, the "Offer"). The offer will constitute [*]% of its post-offer paid-up equity share capital.
The face value of the equity shares is Rs. 5 each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.
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