| Initial public offer of up to 62,00,000 equity shares of face value Rs. 10/- each (the "equity shares") of Indo SMC Limited ("the company" or the "issuer") for cash at an issue price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) ("issue price"), aggregating up to Rs. [*] crores (the "issue") of which [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the 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 aggregating upto Rs. [*] crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]% 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. |