| Initial public offer of up to 27,96,000* equity shares of face value of Rs. 10/- each ("equity shares") of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("offer price") aggregating to Rs. [*] crores ("issue / offer"). The offer comprises a fresh issue of up to 22,38,000 equity shares aggregating to Rs. [*] crores ("fresh issue") and an offer for sale of 5,58,000 equity shares ("offered shares") aggregating to Rs. [*] crores, by Prasoon Chauhan (promoter selling shareholder), the ("offer for sale"). This offer includes a reservation of 1,40,000* equity shares aggregating to Rs. [*] crores for subscription by market maker ("market maker reservation portion"). The offer less the market maker reservation portion is hereinafter referred to as the "net offer". The offer and the net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company, respectively.
The offer price band will be decided by the company.
* Subject to finalization of basis of allotment. |
