Public issue of 24,00,000 equity shares of face value of Rs. 10 each fully paid up of Preet or The Company or The Issuer for cash at a price of Rs. 51 per equity share (The Issue Price) (including share premium of Rs. 41 per equity share) aggregating Rs. 12.24 crores (the issue) by the company of which 1,20,000 equity shares of face value of Rs. 10 each fully paid up will be reserved for subscription by the market maker to the issue (market maker reservation portion). The issue less the maker reservation portion i.e. Issue of 22,80,000 equity shares of face value of Rs. 10 each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.57% and 27.14% respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10 each and the issue price is Rs. 51.The Issue price is 5.1 times of the face value.