Public Issue of 8,275,556 Equity Shares of Rs. 10 each for cash at a price of Rs.310 per Equity Share inlcuding a share premium of Rs. 300 Per Equity Share aggregating Rs. 256.50 crores (referred to as the Issue). The Issue comprises a Net Issue to the Public of upto 7,861,778 Equity Shares of Rs. 10 each(the Net Issue) and a Reservation for existing Retail Public Shareholders of GIL(GIL Retail Public Shareholder Portion) of upto 5% of the Issue or 413,778 Equity Shares. The Issue will constitute 35% of the fully diluted post issue paid-up capital of the company.