| Initial public offer of 29,02,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an offer
price of Rs. 120/- per equity share (Including a Share Premium of Rs. 110/- per Equity Share) for cash, aggregating Rs. 34.83 crores ("Public Offer") comprising a fresh issue of 26,02,800 equity shares of face value of Rs. 10/- each aggregating
Rs. 31.23 crores (the "Fresh Issue") and an offer for sale of 3,00,000 equity shares of face value of Rs. 10/- each comprising of 1,50,000 equity shares of face value of Rs. 10/- each by Raghav Somani and 1,50,000 equity shares of face value of Rs. 10/- each by Priya Somani ("the Selling Shareholder or "Promoter Selling Shareholders") ("Offer for Sale") aggregating Rs. 3.60 crores, out of which 1,46,400 equity shares of face value of Rs. 10/- each of face value of
Rs. 10/- each, at an offer price of Rs. 120/- per equity
share for cash, aggregating Rs. 1.76 crores was reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 27,56,400 equity shares of face value of Rs. 10/- each of face value of Rs. 10/- each, at an offer price of Rs. 120/- per equity share for cash, aggregating Rs. 33.08 crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 29.27% and 27.79% respectively of the post-offer paid-up equity share capital of the company. |