| Initial public offering of up to 4,392,500 equity shares of face value of Rs.10/- each ("equity shares") of Jerai Fitness Limited (the "company" or the "issuer") for cash at a price of Rs.[*] per equity share of face value of Rs.10/- each (the "offer price") aggregating up to Rs.[*] crores (the "offer") through an offer for sale of up to 4,392,500 equity shares of face value of Rs.10/- each aggregating up to Rs.[*] crores of up to 1,500,000 equity shares of face value of Rs.10/- each aggregating up to Rs.[*] crores by Rajesh Ramsukh Rai, up to 1,692,500 equity shares of face value of Rs.10/- each aggregating up to Rs.[*] crores by Rinku Rajesh Rai (together the "promoter selling shareholders"), and up to 1,200,000 equity shares of face value of Rs.10/- each aggregating up to Rs.[*] crores by Rajesh Ramsukh Rai HUF (the "promoter group selling shareholder", and together with the promoter selling shareholders, the "selling shareholders" and such offer by the selling shareholders, the "offer for sale" and such equity
shares, the "offered shares"). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company.
The face value of the equity share is Rs. 10/- each and the offer price is [*] times the face value of the equity
shares.
The price band and the minimum bid lot size will be decided by the company. |
