Initial public offering of up to (*) equity shares of face value of Rs. 10 each (equity shares) of P. N. Gadgil & Sons Limited (the companyor the company or the issuer) for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) (issue price) aggregating up to Rs. 500 Crores (issue). The issue will constitute up to (*)% of the post-issue paid-up equity share capital of the company. The issue includes a reservation of up to (*) equity shares aggregating up to Rs. (*) Crores, for subscription by eligible employees (the employee reservation portion) at a discount, if any, of (*)% (equivalent to Rs. (*) per equity share) on the issue price (employee discount). The issue less the employee reservation portion is referred to as the net issue. The issue shall constitute (*)% of the post issue issued, subscribed and paid-up equity share capital and the net issue shall constitute (*)% of the post issue issued, subscribed and paid-up equity share capital.The face value of each equity share is Rs. 10 each. The issue price is (*) times the face value of the equity shares. The price band, employee discount, if any, and the minimum bid lot will be decided by the company.