| Initial public offering of up to [*] equity shares of face value of Rs. 10/- each ("equity shares") of Knack Packaging Limited ("the company" or the "issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("offer price"), aggregating up to Rs. [*] crores, comprising of a fresh issue of up to [*] equity shares, aggregating up to Rs. 475.00 crores (the "fresh issue") and an offer for sale of up to 7,000,000 equity shares, aggregating up to Rs. [*] crores ("offered shares") ("selling shareholders" and individually the "selling shareholder") comprising up to 1,351,500 equity shares aggregating up to Rs. [*] crores by Alpesh Tulsibhai Patel, comprising up to 600,000 equity shares aggregating up to Rs. [*] crores by Pravinkumar Ambalal Patel, comprising up to 1,351,500 equity shares aggregating up to Rs. [*] crores by Rashminbhai Tulsibhai Patel, comprising up to 724,000 equity shares aggregating up to Rs. [*] crores by Tulsibhai Keshavlal Patel, comprising up to 615,000 equity shares aggregating up to Rs. [*] crores by Patel Kamlesh Ambalal, comprising up to 250,000 equity shares aggregating up to Rs. [*] crores by Dharmisthaben Pravinbhai Patel, comprising up to 596,500 equity shares aggregating up to
Rs. [*] crores by Shital Alpesh Patel, comprising up to 596,500 equity shares aggregating up to Rs. [*] crores by Divyaben Rashminkumar Patel comprising up to 340,000 equity shares aggregating up to Rs. [*] crores by Patel Jay Pravinkumar, comprising up to 575,000 equity shares aggregating up to
Rs. [*] crores by Shitalben Kamlesh Patel (such sale, the "offer for sale", and together with the fresh issue, the "offer").
The offer includes a reservation of up to [*] equity shares of face value of Rs.10/- each, aggregating up to Rs. [*] crores (constituting up to [*]% of the post-offer paid-up equity share capital) for subscription by eligible employees ("employee reservation portion"). The company, in consultation with the book running lead managers ("brlms") may offer a discount of up to [*]% (equivalent of Rs. [*] per equity share) of the offer price to eligible employees bidding in the employee reservation portion ("employee discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively.
The company and the selling shareholders in consultation with the brlms, may consider undertaking a pre-ipo placement (i) through a further issue of equity shares, including by way of
private placement; or (ii) through a secondary sale by the selling shareholders; or (iii) a combination thereof, as per the applicable limits under SEBI ICDR regulations prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company and the selling shareholders, in consultation with the brlms. If the pre-ipo placement is undertaken, then the amount raised from the pre-ipo placement will be reduced from the fresh offer size and/or the offer for sale portion, subject to compliance with Rule 19(2)(b) of the scrr and under Schedule xvi (1) of the SEBI ICDR regulations. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo
placement, prior to allotment/transfer 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).
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 including discount, if any, to eligible employees bidding in the employee reservation portion ("employee discount")] and the minimum bid lot will be decided by the company. |
