| Public issue of 42,50,000 equity shares of face value Rs. 10 each (The "Equity Shares") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) of Blend Financial Services Limited ("Blend" or "Company") aggregating up to Rs. [*] crores ("Issue"). The issue comprises a net issue to the public of 42,15,000 equity shares (The "Net Issue") and a reservation of 35,000 equity shares for eligible employees (The "Employee Reservation Portion"). The issue and net issue shall constitute 25.31% and 25.10% of the post issue paid-up equity capital of the company respectively.
Price band: Rs. [*] to Rs. [*] per equity share of face value of Rs. 10 each
The floor price is [*] times of the face value and the cap price is [*] times of the face value
The company, in consultation with the BRLMs, may decide to offer discount of Rs. [*] to the issue price to the eligible employees ("Employee Discount"). The excess amount paid at the time of bidding shall be refunded to the eligible employees.
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