| Initial public offering of up to [*] equity shares of face value of Rs.10/- each (the "Equity Shares") of Credila Financial Services Limited (formerly known as HDFC Credila Financial Services Limited) ("Company" or "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.5000.00 crores (the "Offer") comprising a fresh issue of up to [*] equity shares of face value Rs.10/- each by the company aggregating up to Rs.3000.00 crores ( "Fresh Issue") and an offer for sale of up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.2000.00 crores, by the selling shareholders (As Defined Hereinafter) (the "Offer for Sale" and such equity shares offered for by the selling shareholders, the "Offered Shares"). This offer includes a reservation of up to [*] equity shares of face value Rs.10/- each (Constituting up to [*]% of the post-offer paid-up equity share capital) for purchase by eligible employees (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 would constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital. The company in consultation with the brlms, may offer a discount of up to [*]% (Equivalent to Rs.[*] per equity Share) to the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount").
A pre-ipo placement of the specified securities may be undertaken by the company, in consultation with the brlms, prior to the filing of the roc for an aggregate amount not exceeding Rs.600.00 crores ("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 undertaken, the amount raised from the pre-ipo placement will be reduced from the fresh issue, subject to the offer complying 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 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 price band, the minimum bid lot and the employee discount, if any, will be decided by the company. |