| Initial public offering of up to 95,00,000 equity shares of face value of Rs. 10/- each ("equity shares") of Punjab Carbonic Limited ("company" or "issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("offer price") aggregating up to [*] crores comprising of a fresh issue of up to 60,00,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores ("fresh issue") and an offer for sale of up to 35,00,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores comprising an offer of up to 16,50,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores by Davinder Singh Kohli, up to 7,25,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores by Amrit Paul Singh Kohli, up to 1,00,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores by Jatinder Kaur Kohli and up to 10,25,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores by Inder Pal Kaur Kohli. (collectively the "promoter selling shareholders", and such equity shares offered by the promoter selling shareholders, the "offered shares") ("offer for sale", and together with the fresh issue, the "offer"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company.
The company, in consultation with the brlm, may consider a pre-ipo placement, prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. The utilisation of the proceeds raised pursuant to the pre-ipo placement will be done towards the objects in compliance with applicable law. Prior to the completion of the issue and the allotment pursuant to the pre-ipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).
The face value of the equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares.
The price band and the minimum bid lot, will be decided by the company. |