| Initial public offering of [*] equity shares of face value of Rs. 10 each ("equity shares") of Sandhya Marines Limited ("Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating to Rs. [*] crores ("The Offer"). The offer comprising a fresh issue of [*] equity shares, aggregating up to Rs. 300.00 crores by the company ("Fresh Issue"), and an offer for sale of up to 12,600,000 equity shares, aggregating to Rs. [*] crores, by the promoters Dr. K.V. Prasad, Ms. K.Suryanarayanamma, Mr. K. Anand Kumar and Mr. K Arun Kumar, in their capacity as sellers of the equity shares, herein after referred to as ("The Selling Shareholders"). The Offer including a reservation of up to [*] equity shares (constituting up to [*]% of the post-offer paid-up equity share capital) for subscription by eligible employees for cash at a price of Rs. [*] per equity share, aggregating up to Rs. [*] crores. The Offer less the employees reservation portion is referred at as the "Net Offer". The Offer shall constitute [*]% of the post offer issued, subscribed and paid-up equity share capital and the net offer shall constitute [*]% of the post offer issued, subscribed and paid-up equity share capital.
The Face value of the equity share is Rs. 10 each. The Offer price is [*] times the face value of the equity shares
|