| Initial public offer of up to [*] equity shares of face value of Rs. 5 each ("Equity Shares") of Koolking Industries India Limited ("Company" or "Issuer") for cash at a price of [*] per equity share (including a share premium of [*] per equity share) ("Offer Price") aggregating up to Rs. [*] Crores ("Offer") comprising a fresh issue of up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 300.00 Crores by the company ("Fresh Issue") and an offer for sale of up to 3,050,000 equity shares of face value of Rs. 5 each ("Offered Shares") aggregating up to Rs. [*] Crores ("Offer For Sale") comprising up to 915,000 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crores by Sajiv Gopal, up to 915,000 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crores by Malti Sood, up to 915,000 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crores by Varun Gopal (collectively, the "Promoter Selling Shareholders") and up to 305,000 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crores by Sugandha Sood ("Promoter Group Selling Shareholder", together with the promoter selling shareholders, the "Selling Shareholders"). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company.
The company, in consultation with the brlm, may consider a further issue of specified securities as may be permitted under applicable law, at its discretion, aggregating up to Rs. 60.00 Crores, prior to the filing of the rhp. The pre-ipo placement, if undertaken, will be at a price to be decided by our 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 that the offer may be successful and will result in the 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) shall be appropriately made in the relevant sections of the rhp and prospectus. The pre-ipo placement shall be reported to the stock exchange(s), within twenty-four hours of such pre-ipo placement (in part or in entirety).
The face value of equity shares is Rs. 5 each. The offer price is [*] times the face value of equity shares. The price band and the minimum bid lot will be decided by the company. |