| Initial public offering of up to [*] equity shares of face value of Rs.4/- each ("equity shares") of Tempsens Instruments (India) Limited (the "company" or the "company" or the "issuer") for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) (the "offer price") aggregating up to Rs.[*] crores (the "offer") comprising a fresh issue of up to [*] equity shares aggregating up to Rs.118.00 crores by the company (the "fresh issue") and an offer for sale of up to 17,925,071 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores comprising an offer for sale of up to 3,636,909 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores by Amit Talesara, up to 3,380,327 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores by Puneet Talesara, and up to 3,635,945 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores by Chandra Prakash Talesara (together with Puneet Talesara and Amit Talesara, the "promoter group selling shareholders") and up to 3,635,945 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores by Ankit Talesara and up to 3,635,945 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores by Nirmal Kumar Pande (together with Ankit Talesara, the "other selling shareholders", and together with the promoter group selling shareholders, the "selling shareholders", and such offer for sale of equity shares by the selling shareholders, the "offer for sale").
The offer includes a reservation of up to [*] equity shares, aggregating up to Rs.[*] crores, for subscription by eligible employees not exceeding 5% of the post-offer paid-up equity share capital (the "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 the company.
The company, in consultation with the brlms, may consider a pre-ipo placement, aggregating up to Rs.23.60 crores, 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 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 ("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 in listing of the equity shares of face value of Rs.4/- each 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 share is Rs.4/- each and the offer price is [*] times the face value of equity shares.
The price band and the minimum bid lot will be decided by the company. |