| Public offer of 22,00,000 equity shares of face value of Rs. 10 each ("equity shares") of Prabhat Telecoms (India) Limited ("Prabhat" or the "PTIL" or the "Company") for cash at a price of Rs. 51/- per equity share, including a share premium of Rs. 41/- per equity share (the "offer price") through an offer for sale by Mr. Vishwamani Tiwari & M/s. Vee Three Informatics Limited ("the selling shareholders") aggregating Rs. 11.22 crores ("the offer"), of which 1,20,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51/- per equity share, aggregating Rs. 0.61 crores will be reserved for subscriptions by the market maker to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. Offer of 20,80,000 equity shares of face value of Rs. 10 each cash at a price of Rs. 51 per equity share, aggregating Rs. 10.61 crores is hereinafter referred to as the "net offer". The offer and the net offer will constitute 26.46% and 25.02% respectively of the post offer paid up equity share capital of the company.
The face value of the equity shares is Rs. 10 each and the offer price of Rs. 51/- is 5.10 times of the face value of the equity shares.
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