| Initial public offering of up to 12,921,708 equity shares of face value of Rs. 10 each (The "equity shares") of PNC Infratech limited ("PNC Infratech" or the "company" or the "company" or the "issuer") for cash at a price of Rs. 378 per equity share (including a share premium of Rs. 368 per equity share) (the "offer price") aggregating to Rs. 488.44 crores (the "offer"). The offer comprises a fresh issue of 11,500,000 equity shares by the company (the "fresh issue") and an offer for sale of 1,421,708 equity shares by Nylim Jacob Ballas India (FVCI) III LLC (The "selling shareholder" or "NYLIM JB") (The "offer for sale"). The offer includes a reservation of 50,000 equity shares for subscription by eligible employees (The "employee reservation portion"). The offer less the employee reservation portion is herein after referred to as the "net offer", aggregating to 12,871,708 equity shares. The net offer shall constituted at least 25% of the post-offer paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10 each. The offer price is 37.8 times the value anchor investor offer price : Rs. 378 per equity share.
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