| Public issue of upto 61,08,000 equity shares of Rs. 10/- each ("equity shares") of SEAM Industires Limited ("SIL" or the "company") for cash at a price of Rs. [*] per share (the "issue price"), aggregating to Rs. [*] crores ("the issue") consisting of fresh issue of upto 54,84,000 equity shares aggregating to Rs. [*] crores and an offer for sale of upto 6,24,000 equity shares by the selling shareholders aggregating to Rs. [*] crores ("offer for sale"), of which upto 3,12,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of upto 57,96,000 equity shares of Rs. 10/- each is hereinafter referred to as the ônet issueö. The issue and the net issue will constitute 26.35% and 25.00%, respectively of the post issue paid up equity share capital of the company.
The Face value of the equity share is Rs. 10 and the issue price is [*] times of the face value.
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