| Initial public offering of up to 27,644,231 equity shares of face value of Re. 1/- each ("Equity Shares") of Sahajanand Medical Technologies Limited (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 through an offer for sale (the "Offer"), consisting of up to 2,700,000 equity shares of face value of Re.1/- each aggregating up to Rs.[*] crores by Shree Hari Trust, up to 2,700,000 equity shares of face value of Re.1/- each aggregating up to Rs.[*] crores by Dhirajkumar Savjibhai Casoya, up to 12,958,126 equity shares of face value of Re.1/- each aggregating up to Rs.[*] crores by Samara Capital Markets Holding Limited, up to 2,615,750 equity shares of face value of Re.1/- each aggregating up to Rs.[*] crores by Kotak Pre-IPO Opportunities Fund, up to 6,670,355 equity shares of face value of Re.1/- each aggregating up to Rs.[*] crores by Nhpea Sparkle Holding B.V. (Collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares").
The offer includes a reservation of up to [*] equity shares of face value of Re.1/- each (Constituting [*]% of the post issue paid up equity share capital of the Company) aggregating up to Rs.[*] crores for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers, may offer a discount of up to [*] % (Equivalent of Rs. [*] per Equity Share) to the offer price to eligible employees bidding under 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 will constitute [*]% and [*]% of the post-offer paid-up equity share capital, respectively.
The face value of the equity shares is Re. 1/- each. The offer price is [*] times the face value of the equity shares.
The price band and the minimum bid lot size will be decided by the company. |