| Public issue of 34,271,268 equity shares of face value of Rs. 10 each (the "equity shares") of Parag Milk Foods Limited (the "company" or "issuer") for cash at a price of Rs. 215 per equity share (including a share premium of Rs. 205 per equity share) aggregating to Rs. 750.54 crores consisting of a fresh issue of 13,698,695 equity shares aggregating up to Rs. 300.00 crores and an offer for sale of 20,572,573 equity shares comprising of 14,286,449 equity shares by the investor selling shareholders and 6,286,124 equity shares by the other selling shareholders (As defined in the prospectus) (The offer for sale and The fresh issue are collectively referred to as the "issue"). The issue includes a reservation of 284,505 equity shares (Original Reservation of 300,000 equity shares) aggregating to Rs. 5.78 crores for subscription by eligible employees (As defined in the Prospectus) (The "employee Reservation portion"). The issue less employee reservation portion is referred to as the net issue. The issue and the net issue constitute 40.74% and 40.41% respectively, of the post-issue paid-up equity share capital of the company.
Issue Price : Rs. 215 per equity share of face value of Rs. 10 each.
Anchor Investor Issue Price : Rs. 227 per equity share. The Issue price is 21.5 times the face value.
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