Public Issue of 16,500,000 Equity Shares of Rs. 10 each at a price of Rs. 120/- for cash aggregating Rs. 198 crores (referred to as the issue), by Inox Leisure Limited (The Company or Issuer) consisting of a fresh issue of 12,000,000 equity shares of Rs. 10 each, of which 200,000 equity shares of Rs. 10/- each are reserved for subscription by permanent employees in India and an offer for sale of 4,500,000 equity shares of Rs. 10 each by Gujarart Fluorochemicals Limited (GFL or the Selling Shareholder) and a net issue to the public of 16,300,000 equity shares of Rs. 10/- each. The issue constitute 27.5% of the fully diluted post issue paid-up capital of our Company. Net issue to public constitute 27.17% of the fully diluted post issue paid-up capital of our Company.