| Initial public offer of 16,397,393 equity shares of face value of Rs. 2 each ("Equity Shares") of Runwal Enterprises Limited (Formerly known as Runwal Enterprises Private Limited and Runwal Apartments Private Limited) (the "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 305 per equity share (including a premium of Rs. 303 per equity share) (the "Issue Price") aggregating to Rs. 500.00 Crores (the "Issue" or "Fresh Issue").
The issue include a reservation of 120,274 equity shares of face value of Rs. 2 each, aggregating to Rs. 3.5 Crores (constituting up to 0.08% of the post-issue paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the BRLMs has offered a discount of 4.59% of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 11.10% and 11.01% of the post-issue paid-up equity share capital of the company, respectively.
Price Band: Rs. 305 per equity share of face value of Rs. 2 each.
The floor price is 152.5 times the face value of the equity shares.
Bids can made for a minimum of 49 equity shares of face value of Rs. 2 each and in multiples of 49 equity shares of face value of Rs. 2 each thereafter.
A discount of Rs. 14 per equity share is being offered to eligible employees bidding in the employee reservation portion. |
