| Initial public offering of 51,111,110 equity shares of face value of Rs. 2 each ("Equity Shares") of Steamhouse India Limited (the "Company" or the "Company") for cash at a price of Rs. 81 per equity share ("Offer Price") aggregating to Rs. 414.00 Crores (the "Offer") comprising a fresh issue of 43,580,246 equity shares of face value of Rs. 2 each aggregating to Rs. 353.00 Crores (the "Fresh Issue") and an offer for sale of 7,530,864 equity shares of face value of Rs. 2 each aggregating to Rs. 61.00 Crores by the promoter selling shareholder (as defined hereinafter) (the "Offer For Sale", and such equity shares, the "Offered Shares"). The offer constituted 18.49% of the post offer paid up equity share capital of the company.
The company, in consultation with the brlm, may consider an issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs.15.00 crores, at its discretion, between the date of filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, 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 offer or the offer 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).
Price Band: Rs. 81 per equity share bearing face value of Rs. 2 each.
The floor price is 40.50 times of the face value of the equity shares.
Bids can be made for a minimum of 185 equity shares of face value of Rs. 2 each and in multiples of 185 equity shares of face value of Rs. 2 each thereafter. |
