| Initial public issue of upto 46,50,000 equity shares of face value of
Rs. 10/- each of Armour Security (India). Ltd. (the "Company" or the "Issuer") for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Issue Price") aggregating to Rs. [*] crores ("the Issue"), of which 2,34,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to
Rs. [*] crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. 44,16,000 equity shares of face value of
Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.56 % and 26.17 % respectively of the post issue paid up equity share capital of the company.
The price band and the minimum bid lot will be decided by the company.
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