| Registered Office:
14Th Flr, 5th Mile, Tumkur Rd,,Yeshwanthpur Industrial Arrea,,Bengaluru-560022,
Karnataka |
| Initial public offer of upto 36,48,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Best Engineering Aids and Consultancies Limited ("The Company" or "The Issuer") at an offer price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] Crores ("Public Offer") comprising of a fresh issue of 29,28,000 equity shares aggregating to Rs. [*] Crores (the "Fresh Issue") and an offer for sale of 7,20,000 equity shares by the promoter selling shareholder ("Offer For Sale") aggregating to Rs. [*] Crores comprising; 4,70,000 equity shares aggregating up to Rs. [*] Crors by Varakumar Siddavatam and 2,50,000 equity shares aggregating up to Rs. [*] Crores by Joseph Jerome (collectively refferd as "Promoter Selling Shareholders"), out of which [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of [*] equity shares of face value of Rs.10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*]% and [*]% respectively of the post- offer paid-up equity share capital of the company.
The face value of equity shares is Rs. 10/- each. 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. |
