| Initial public issue of up to 79,60,000 equity shares of face value of Rs. 5/- each of Teamtech Formwork Solutions Limited ("Teamtech" or the "Company" or the "Issuer") for cash at a price of Rs. 61-Rs. 63 per equity share including a share premium of Rs. 56-Rs. 58 per equity share (the "Issue Price") aggregating to Rs. 48.56-Rs. 50.15 Crores ("The Issue"), of which upto 4,00,000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 61-Rs. 63 per equity share including a share premium of Rs.56-Rs. 58 per equity share aggregating to Rs. 2.44-Rs. 2.52 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of [*] equity shares of face value of Rs. 5/- each at a price of Rs. 61-Rs. 63 per equity share including a share premium of Rs. 56-Rs. 58 per equity share aggregating to Rs. [*] Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.55% and 25.22%, respectively, of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 5/- each.
Price Band Rs. 61.00 to Rs. 63.00 per equity share of face value of Rs. 5.00/- each.
The floor price is 12.2 times the face value of the equity shares and the cap price is 12.6 times the face value of the equity shares.
Bids can be made for a minimum size of 4,000 equity shares and in multiples of 2,000 equity shares thereafter. |
