| Initial Public Offer of 204,222,218* Equity shares of face value of Re.1 each ("equity shares") of Devyani International Limited ("company" or "issuer") for cash at a price of Rs. 90 per equity share (including a share premium of Rs. 89 per equity share) aggregating up to Rs.1838 Crores comprising a fresh issue of 48,888,888* equity shares aggregating up to Rs. 440 Crores (the "fresh issue") and an offer for sale of 155,333,330* equity shares aggregating up to Rs.1398 Crores, comprising 65,333,330* equity shares aggregating up to Rs. 588 Crores by Dunearn Investments (Mauritius) Pte. Ltd. ("dunearn" or "investor sellling shareholder) (such equity shares offered by dunearn, "dunearn offered shares") and 90,000,000* equity shares aggregating up to Rs. 810 Crores by RJ Corp limited ("rj corp" or "promoter selling shareholder", together with the investor selling shareholder, the "selling shareholders") (such equity shares offered by rj corp, the "rj corp offered shares", together with dunearn offered shares, "offered shares")
(such offer by the selling shareholders, the "offer for sale" and together with the fresh issue, "the offer").
The offer includes a reservation of 550,000* equity shares, aggregating up to Rs. 4.95 Crores constituting 0.04% of the post-offer paid-up equity share
Capital), for subscription by eligible employees (the "employee reservation portion"). The offer less the employee reservation portion is
Hereinafter referred to as "net offer". The offer and net offer shall constitute 16.98% and 16.94%, respectively, of the post-offer paid-up equity
Share capital of the company.
The face value of equity shares is Re.1 each. The offer price is 90 times the face value of the equity shares.
* subject to finalisation of the basis of allotment.
|