| Public issue of 12,746,000 Equity Shares of Rs.10 each of Tech Mahindra Limited ("Tech Mahindra" or the "company" or the "Issuer") for cash at a price of Rs.365 per equity share (including a share premium of Rs.355 per equity share), consisting of a fresh issue of 3,186,480 equity shares and an offer for sale of 9,559,520 equity shares by Mahindra & Mahindra Limited and British Telecommunications Plc (The "Selling Shareholders"), aggregating Rs.465.23 crores (The "Issue"). 1,158,790 equity shares of Rs.10 each will be reserved in the issue for subscription by eligible employees (The "Employee Reservation Portion"). The issue less the employee reservation portion is referred to as the "Net Issue".
The face value of the equity shares is Rs.10. The issue will constitute 11% of the post-issue capital of the Company. The net issue will constitute 10% of the post-issue capital of the Company.
Issue price Rs.365 per equity share of face value Rs.10 each.
The issue price is 36.5 times the face value
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