Key Objective
Initial public offering of up to [*] equity shares bearing face value of Rs. 10/- each (the "equity shares") of Aequs Limited ("company" or "issuer") for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the "offer price") aggregating up to Rs. [*] crores (the "offer") comprising a fresh issue of [*] equity shares bearing face value of Rs. 10/- each aggregating up to Rs. 670.00 crores (the "fresh issue") and an offer for sale of up to 20,307,393 equity shares bearing face value of Rs. 10/- each aggregating to
Rs. [*] crores, comprising an offer for sale of up to 100,000 equity shares bearing face value of Rs. 10/- each aggregating to Rs. [*] crores by Aequs Manufacturing Investments Private Limited, up to 1,323,500 equity shares bearing face value of Rs. 10/- each aggregating to Rs. [*] crores by Melligeri Private Family Foundation ("promoter selling shareholders"), up to 7,481,908 equity shares bearing face value of Rs. 10/- each aggregating to Rs. [*] crores by Amicus Capital Private Equity I LLP, up to 754,450 equity shares bearing face value of Rs. 10/- each aggregating to Rs. [*] crores by Amicus Capital Partners India Fund I, up to 8,879,915 equity shares bearing face value of Rs. 10/- each aggregating to Rs. [*] crores by Amicus Capital Partners India Fund II, up to 435,656 equity shares bearing face value of Rs. 10/- each aggregating to Rs. [*] crores by Vasundhara Dempo Family Private Trust, up to 435,656 equity shares bearing face value of Rs.10/- each aggregating to Rs. [*] crores by Girija Dempo Family Private Trust ("investor selling shareholders"), up to 871,308 equity shares bearing face value of Rs. 10/- each aggregating to
Rs. [*] crores by Ravindra Mariwala, and up to 25,000 equity shares bearing face value of Rs. 10/- each aggregating to
Rs. [*] crores by Raman Subramanian ("individual selling shareholders", together with the promoter selling shareholders and investor selling shareholders, the "selling shareholders") (the "offer for sale" and together with the fresh issue, the "offer").
The offer includes a reservation of up to [*] equity shares of face value of Rs. 10/- each, aggregating to Rs. 2.00 crores (constituting up to [*]% of the post offer paid-up equity share
capital of the company for subscription by eligible employees (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively. The company may, in consultation with the brlms, offer a discount of Rs. [*] per equity share, i.e., up to [*]% of the offer price to eligible employees bidding in the employee reservation portion ("employee discount").
The company in consultation with the brlms, has undertaken a pre-ipo placement aggregating to Rs. 144.00 crores, prior to filing of the roc, as permitted under applicable law. The pre-ipo placement, was made to SBI Emergent India Fund, DSP India Fund - India Long/Short Strategy Fund with cash management option, SBI Optimal Equity Fund - Long Term, and Think India Opportunities Master Fund LP at a price of Rs. 123.97 per equity share bearing face value Rs. 10/- each, decided by the company, in consultation with the brlms.while the amount raised pursuant to the pre-ipo placement was reduced from the fresh issue, as disclosed in the udrhp - I, the company has increased the size of the fresh issue such that the revised size of the fresh issue is [*] equity shares bearing face value of
Rs. 10/- each aggregating up to Rs. 670.00 crores. The pre ipo
placement, did not exceed 20% of the size of the fresh issue, as disclosed in the udrhp-I. The company has appropriately intimated 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 the offer may be successful and will result into 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.
The face value of the equity shares is Rs. 10/- each and the offer price is [*] times the face value of the equity shares.
The price band and the minimum bid lot shall be decided by
the company.