| Initial public offering of up to [*] equity shares of face value of Rs. 10 each ("Equity Shares") of GSP Crop Science Limited ("The Company" or the "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 Rs. [*] crores (The "Offer"). The offer comprises of a fresh issue of upto [*] equity shares by the company aggregating upto Rs. 280.00 crores (The "Fresh Issue") and an offer for sale of up to 6,000,000 equity shares (The "Offered Shares") aggregating up to Rs. [*] crores (The "Offer for Sale"), comprising up to 2,651,250 equity shares aggregating to Rs. [*] crores by Vilasben Vrajmohan Shah, up to 1,674,375 equity shares aggregating to Rs. [*] crores by Bhavesh Vrajmohan Shah and up to 1,674,375 equity shares aggregating to Rs. [*] crores by Kappa Trust (The "Promoter Selling Shareholders"). The offer shall constitute [*] % of the post-offer paid-up equity share capital of the company.
The offer includes a reservation of up to [*] equity shares, aggregating up to Rs. [*] crores, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of its company. The company, in compliance with the sebi ICDR regulations, may offer a discount on the offer price (Equivalent to Rs. [*] per Equity Share) to eligible employees bidding in the employee reservation portion.
The company, in consultation with the brlms, may consider issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 56.00 crores, at its discretion, prior to filing of the roc ("Pre-Ipo Placement"). The Pre-Ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. 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 the securities contracts (Regulation) rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer 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 and the offer price is [*] times the face value of the equity shares.
The price band, employee discount (if any) and the minimum bid lot size will be decided by the company,
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