Key Objective
Initial public offering of 27,828,351* equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 230 per equity share (including a share premium of Rs. 220 per equity share) ("Offer Price") aggregating to Rs. 640.05* crores ("Offer"). The offer comprises a fresh issue of 17,391,304* equity shares aggregating to Rs. 400.00 crores ("Fresh Issue") and an offer for sale of 10,437,047* equity shares ("Offered Shares") aggregating to Rs. 240.05* crores, comprising 1,172,976 equity shares aggregating to Rs. 26.98* crores by Bajrang Bothra, 666,798 equity shares aggregating to Rs. 15.34* crores by Laxmi Pat Bothra, 748,721 equity shares aggregating to Rs. 17.22* crores by Sanjay Singhania, 748,721 equity shares aggregating to Rs. 17.22* crores by Ajay dd Singhania (collectively, the "Promoter Selling Shareholders"), 286,351 equity shares aggregating to
Rs. 6.59* crores by Pinky Ajay Singhania, 286,351 equity shares aggregating to Rs. 6.59* crores by Preity Singhania, 442,905 equity shares aggregating to Rs. 10.19* crores by Nikhil Bothra, 442,905 equity shares aggregating to Rs. 10.19* crores by Nitin Bothra, 379,633 equity shares aggregating to
Rs. 8.73* crores by Rajjat Kumar Bothra (collectively, the "Promoter Group Selling Shareholders"), 4,630,284 equity shares aggregating to Rs. 106.50* crores by India Advantage Fund s4 i and 631,402 equity shares aggregating to
Rs. 14.52* crores by Dynamic India Fund s4 us i (collectively, the "Investor Selling Shareholders", and together with the promoter selling shareholders and the promoter group selling shareholders, the "Selling Shareholders", and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer constituted 29.05% of the post-offer paid up equity share capital of the company.
The face value of the equity share is Rs. 10 each. The offer price is 23 times the face value of the equity shares.
*Subject to finalisation of the basis of allotment.