| Initial public offer of upto 28,92,000 equity shares of face value of
Rs. 10/- each ("Equity Shares") of CLN Energy Limited ("The Company" or "The Issuer") at an issue price of Rs. [*] per equity share (including a share premium of [*] per equity share) for cash, aggregating upto Rs. [*] crores ("Public Issue") out of which 1,56,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 27,36,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 27.40% and 25.93% 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.
|
