| Initial public offering of [*] equity shares of face value of Rs.1/- each ("equity shares") of Everbrands India Limited (formerly known as Culinary Brands Private 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) ("issue price") aggregating up to Rs. 600.00 crores (the "issue"). The company, in consultation with the brlms, may consider a pre-ipo placement aggregating up to Rs. 120.00 crores, prior to filing of 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 issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the issue size. Prior to the completion of the 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 issue or the issue 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 issue price is [*] times the face value of the equity shares.
The price band, and the minimum bid lot shall be decided by the company. |
