| Initial public offer of up to 29,86,800 equity shares of face value of Rs.10.00 each (the "Equity Shares") of Flywings Simulator Training Centre Limited (the "Company" or the "Issuer") at a offer price of Rs. [*] per equity share for cash aggregating up to Rs. [*] crores comprising of fresh offer of up to 25,12,800 equity shares aggregating to Rs. [*] crores ("Fresh Offer") and an offer for sale of up to 4,74,000* equity shares by Rupal Sanjay Mandavia ("Selling Shareholder") aggregating to Rs. [*] crores ("Offer for Sale") ("Public Offer"). the offer includes a reservation of up to 1,49,400 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. net offer of up to 28,37,400 equity shares of face value of Rs.10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is herein after referred to as the "Net Offer".
Price Band: Rs. 181/- to Rs. 191/- for equity share of face value of Rs. 10 each.
The floor price is 18.10 times times the face value and cap price is 19.10 times of the face value of the equity shares.
Bids can made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter. |
