| Initial public offer of upto 58,21,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an offer price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores ("Public Offer") comprising a fresh issue of upto 47,00,000 equity shares of face value of Rs. 10/- each aggregating to Rs. [*] crores (the "Fresh Issue") and an offer for sale of upto 3,75,000 equity shares of face value of Rs.10/- each comprising of upto [*] equity shares of face value of
Rs.10/- each by Vipin Mullick and upto 7,46,000 equity shares of face value of Rs. 10/- each by Janak Mullick ("the Selling Shareholders) ("Offer for Sale") aggregating to Rs. [*] crores, out of which [*] equity shares of face value of Rs. 10/- each 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 of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter 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 price band and the minimum bid lot size will be decided by the company. |
