| Initial public offer of up to 38,44,800 equity shares of face value of Rs.10/- each ("equity shares") of Grover Jewells 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 "issue price"), aggregating to
Rs. [*] crores ("the issue"), of which [*] equity shares of face value of Rs.10/- each for cash at a price of Rs.[*]/- per equity share, aggregating to Rs. [*] crores will be reserved for subscriptions by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e., issue of up to [*] equity shares of face value of Rs.10/- each for cash at a price of Rs.[*]/- per equity share, aggregating to Rs. [*] crores is here in after referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]% respectively of the post issue paidup equity share capital of the company.
The face value of the equity share is Rs.10/- each and the floor price and cap price are [*] times and [*] times of the face value of the equity shares respectively. |