| Public Issue of 14,216,700 Equity Shares of Rs.10/- each for Cash at a Price of Rs.[*] per Equity Share Aggregating Rs.[*] Crores (the "Issue") by Chiripal Industries Limited ("our Company" or the "Issuer"). The Issue Comprises a net Issue to Public of 1,21,00,000 Equity Shares at Rs.[*] each (the "net issue"), Promoters' Contribution of 1,916,700 Shares at Rs. [*] each and a Reservation of upto 200,000 Shares at Rs.[*] each for Eligible Employees of our Company (the "Employee Reservation Portion"). The net Issue will Constitute 34.57% of the Fully Diluted Post Issue Paid-Up Capital of our Company. The Issue would Constitute 40.62% of the Fully Diluted Post Issue Paid-Up Capital of our Company.
Price Band: Rs.[*]/- to Rs.[*]/- per Equity Share of Face Value Rs.10/- each
The Issue Price is [*] times of the Face Value at the floor Price of the Price Band and [*] times of the Face Value at the Cap Price of the Price Band.
|