| Initial public offering of up to [*] equity shares of face value of Rs. 2 each ("Equity Shares") of Associated Power Structures Limited ("The Company" or the "Issuer") for cash at a price of Rs. [*] per equity share ("Offer Price") aggregating up to Rs. [*] Crore (the "Offer"). The offer comprises of a fresh issue of up to [*] equity shares of face value of Rs. 2 each by the company aggregating upto Rs. 400 Crore (the "Fresh Issue") and an offer for sale of up to 7,142,860 equity shares (the "Offered Shares") aggregating up to Rs. [*] Crore (the "Offer For Sale"), comprising up to 1,428,572 equity shares aggregating up to Rs. [*] Crore by Ajay Mukund Patel, up to 2,857,144 equity shares aggregating up to Rs. [*] Crore by Parag Kothari, and up to 2,857,144 equity shares aggregating up to Rs. [*] Crore by Satish Desai (the "Promoter Selling Shareholders"). The offer shall constitute [*] % of the post-offer paid-up equity share capital of the company.
The face value of the equity shares is Rs. 2 each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company. |