| Initial public offer of up to 1,38,00,000 equity shares of face value of Rs. 2.00 each of Kasliwal Projects Limited ( "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 "Offer Price") aggregating to Rs. [*] crores ("the Offer"), comprising a fresh issue of up to 1,11,00,000 equity shares of face value of Rs. 2.00 each aggregating up to Rs. [*] crores by the company ("Fresh Issue") and an offer for sale of up to 27,00,000 equity shares ("Offered Shares") of face value of Rs. 2.00 each aggregating up to Rs. [*]crores by Anish Pdam Jain and Nitish Padam Jain ("Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, "Offer for Sale"). Out of the isssue up to [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of up to [*] equity shares of face value of Rs.2.00 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 Offer". The offer and the net offer will constitute [*] % and [*] %, respectively, of the post offer paid up equity share capital of the company.
The face value of the equity shares is Rs. 2.00 each and the offer price is [*] times the face value of the equity shares.
The price band and the minimum bid lot will be decided by the company. |
