| Initial public offering of up to 26,284,500 equity shares of face value of Rs. 5/- each ("Equity Shares") of HD Fire Protect Limited ("The Company"or the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (Including a Securities Premium Of Rs. [*] Per Equity Share) (the "Offer Price") aggregating up to Rs. [*] Crore through an offer for sale ("The Offer") of upto 8,983,700 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crore by Harish Narshi Dharamshi and up to 17,300,800 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crore by Kusum Harish Dharamshi (together, the "Promoter Selling Shareholders", and such offer for sale of equity shares by the promoter selling shareholders, the "Offer For Sale" and such equity shares, the "Offered Shares").
The offer includes a reservation of up to [*] equity shares of face value of Rs. 5/- each, aggregating up to Rs. [*] Crore (Constituting Up To[*]% Of The Post-Offer Paid-Up Equity Share Capital), for subscription by eligible employees (the "Employee Reservation Portion"). The company in consultation with the brlms, may offer a discount of up to [*]% to the offer price (Equivalent of Rs. [*] Per Equity Share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). 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 face value of the equity shares is Rs. 5 each and the offer price is [*] times the face value of equity shares. The price band, the employee discount, if any, to the eligible employees bidding in the employee reservation portion and the minimum bid lot will be decided by the company. |