| Initial public offering of up to 29,50,000 equity shares of Rs. 10/- each ("Equity Shares") of Cleanux Green Solution Limited ("CGSL" or the "Company") for cash at a price of Rs. 126/- per equity share (the "Issue Price"), aggregating to Rs. 37.17/- crores ("The Offer"), comprising a fresh issue of up to 24,50,000 equity shares aggregating to Rs. 30.87/- crores by the company ("Fresh Issue") and an offer for sale of up to 2,50,000 equity shares by Abhay Gautam and upto 2,50,000 equity shares by Vishal Maheshwari ("The Promoter Group Selling Shareholders" or "The Selling Shareholder") aggregating to Rs. 6.30/- crores ("Offer for Sale"). Out of the offer, 1,48,000 equity shares aggregating to Rs. 1.86/- 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 28,02,000 equity shares of face value of Rs. 10.00/- each at an issue price of Rs. 126/- per equity share aggregating to Rs. 35.31/- crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 48.76% and 46.31%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 126/- the offer price is 12.6 times of the face value of the equity shares.
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