| Initial public offering of up to 24,050,000 equity shares of face value of Rs. 2 each ("Equity Shares") of Integrum Energy Infrastructure Limited ("The Company" or "The Company") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. [*] Crores (the "Offer") comprising a fresh issue of up to 15,808,000 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] Crores by the company ("Fresh Issue") and an offer for sale of up to 8,242,000 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] Crores ("Offered Shares") by the selling shareholders, as provided in annexure a of this draft red herring prospectus (such equity shares so offered, the "Offered Shares", and such offer, the "Offer For Sale"). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company.
The company, in consultation with the brlms, may consider a pre-ipo placement for upto 2,008,000 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] Crores, as may be permitted under applicable law, at its discretion, prior to filing of the red herring prospectus with the roc. The pre-ipo placement, (if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended ("scrr"). The pre-ipo placement, (if undertaken), shall not exceed 20% of the size of the fresh issue. The company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the red herring prospectus and the prospectus and details of the pre-ipo placement, if any, shall be reported to the stock exchanges within 24 hours of such transactions, inaccordance with regulation 54 of the sebi icdr regulations.
The face value of equity shares is Rs. 2 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. |
