| Initial public offer of upto 39,84,000 equity shares of face value of Rs.10/- each (the "equity shares") of Dhara Rail Projects Limited ("the company" or "the issuer") at an issue price of
Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) for cash, aggregating up to Rs.[*] crores ("public issue") out of which [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating upto Rs.[*] crores is herein after referred to as the "net issue". The public issue and net issue will constitute 26.41% and [*] % respectively of the post- issue paid-up equity share capital of the company.
The face value of equity shares is Rs.10/- each. The issue price is [*] times the face value of the equity shares.
The price band and the minimum bid lot will be decided by the company. |