| Initial public offering of [*] equity shares of face value of
Rs. 10/- each ("equity shares") of Crystal Crop Protection Limited (the "company" or the "issuer") for cash at a price of Rs. [*] per equity share including a securities premium of
Rs. [*] per equity share (the "offer price") aggregating up to Rs. [*] crores (the "offer"). The offer comprises a fresh issue of [*] equity shares of face value of Rs. 10/- by the company aggregating up to Rs. 600,00 crores (the "fresh issue") and an offer for sale of up to 7,405,387 equity shares of face value of Rs. 10/- each aggregating to Rs.[*] crores ( "offer for sale"), comprising an offer for sale of up to 1,057,257 equity shares of face value of Rs. 10/- each aggregating to Rs.[*] crores by Nand Kishore Aggarwal, up to 2,114,500 equity shares of face value of Rs. 10/- each aggregating to Rs.[*] crores by Ankur Aggarwal, up to 1,057,300 equity shares of face value of Rs.10/- each aggregating to Rs.[*] crores by Komal Aggarwal, up to 1,191,124 equity shares of face value of Rs. 10/- each aggregating to Rs.[*] crores* by International Finance
Corporation and up to 1,985,206 equity shares of face value of Rs. 10/- each aggregating to Rs.[*] crores* by IFC Emerging Asia Fund, IP (collectively, the "selling shareholders").
The company, in consultation with the brlms, may consider a further issue of specified securities to certain investors for an amount aggregating up to Rs.120.00 crores, as permitted under applicable laws prior to the filing of the pre-ipo placement, if undertaken, will be at a price to be decided by
the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).
The offer includes a reservation of up to [*] equity shares of face value of Rs.10/-, aggregating up to Rs.[*] crores (constituting up to [*]% of the post-offer paid-up equity share
capital), for subscription by eligible employees ("employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The company may in consultation with the brlms, offer a discount of up to [*]% to the offer price (equivalent to Rs.[*] per equity share) to eligible employees bidding in the employee reservation portion ("employee discount"). The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively.
The price band and the minimum bid lot will be decided by the company. |