Initial public offering of up to (*) equity shares of face value of Rs.10 each (equity shares) of the company for cash at a price of Rs. (*) per equity share, including a premium of Rs.(*) per equity share, (the issue price) aggregating up to Rs.(*) Crores, comprising of a fresh issue of up to (*) equity shares aggregating up to Rs. 810 Crores by the company (fresh issue) and an offer for sale of up to 337,665 equity shares by Puranik family private trust (Acting through its Trustees), up to 591,410 equity shares by Ravindra Puranik and up to 592,880 equity shares by Gopal Puranik (collectively, the selling shareholders), aggregating up to 1,859,620 equity shares (offered shares) aggregating up to Rs.(*) Crores (the offer for sale and together with the fresh issue, the issue). The Company and the selling shareholders may in consultation with the GCBRLMS offer a to Retail Individual investors (Retail Discount) in accordance with The Securites and Exchange Board of India (Issue of capital and disclosure requirements) Regulations, 2018, as amended (SEBI ICDR Regulations). The Company may, in consultation with the GCBRLMS, and the Pre-IPO placement will be undertaken, the amount raised from the Pre-IPO placement will be reduced from the fresh issue, subject to the issue size satisfying the minimum issue size requirements under the SCRR. The issue includes a reservation of up to (*) equity shares aggregating up to Rs.(*) Crores for subscription by eligible employees (which shall not exceed 5% of the post-issue equity share capital of the company) (the employee reservation portion) at a discount of [*}% (Equivalent to Rs. [*]) on the issue price. The issue less the employee reservation portion is hereinafter referred to as the net issue. The issue and the net issue shall constitute (*)% and (*)%, respectively, of the post-issue paid-up equity share capital of the company.The face value of the equity share of Rs.10 each. The price band will be decided by the company.
Money Payable On
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Puranik One Opp. Suraj Water Park Kavesar Ghodbunder Road Thane (West)
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