| Initial public offer of up to 11,070,000^ equity shares of face value of
Rs. 10 each ("Equity Shares") of Global Surfaces Limited ("Company") for cash at a price of Rs. 140 per equity share (including a share premium of
Rs. 130 per equity share) ("Offer Price") aggregating to Rs. 154.98^ crores comprising a fresh issue of 8,520,000^ equity shares aggregating to
Rs. 119.28^ crores by the company ("Fresh Issue") and an offer for sale of 2,550,000^ equity shares aggregating to Rs. 35.70^ crores by the selling shareholders and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer by each of the selling shareholders, the "Offer for Sale" and together with the fresh issue, the "Offer"). The offer constitutes 26.12%^ of the fully-diluted post-offer paid-up equity share capital of the company.
^Subject to finalisation of basis of allotment
The face value of equity shares is Rs. 10 each. The offer price is 14 times the face value of the equity shares.
Bids can be made for a minimum of 100 equity shares and in multilpes of 100 equity shares thereafter.
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