| Initial public offering of 30,218,649^ equity shares of face value of Re. 2 each (equity shares) of Jyoti CNC Automation Limited (The Company) for cash at a price of Rs. 331 per equity share (including a share premium of Rs. 329 per equity share) (issue price) aggregating Rs. 1000.00^ crores (issue). The issue included a reservation of 158,227^ equity shares of face value of
Rs. 2 each aggregating Rs. 5.00^ crores (constituting 0.07%^ of its post-issue equity share capital), for subscription by eligible employees (employee reservation portion). The company, in consultation with the brlms, offered a discount of Rs. 15 of the issue price to the eligible employees bidding in the employee reservation portion (employee discount). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue constitute 13.29%^ and 13.22%^ of its post-issue paid-up equity share capital of the company, respectively.
The face value of the equity shares is Rs. 2 each and the issue price is 165.50 times the face value of the equity shares.
^Subject to finalisation of the basis of allotment.
A discount of Rs. 15 per equity share was offred to eligible employees bidding in the employee reservation portion. |