| Initial public offering of up to [*] equity shares of face value of Rs.10/- each ("equity shares") of T.C. Terrytex 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) ("issue price") aggregating up to Rs. [*] crores (the "offer").the offer comprises of a fresh issue of up to [*]* equity shares of face value of Rs. 10/- each by the company aggregating up to Rs. 170.00 crores (the "fresh issue") and an offer for sale of up to 67,50,000 equity shares of face value of Rs. 10/- each (the "offered shares") aggregating up to Rs. [*] crores (the "offer for sale"), by Ashis Living Private Limited
("investor selling shareholder").
The company, in consultation with the brlm, may consider a pre-ipo placement aggregating up to Rs.15.00 crores, as may be permitted under applicable law, prior to filing of 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 the securities contracts (regulation) Rules, 1957, as amended ("scrr"). The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant 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 and the minimum bid lot will be decided by the company. |