Public issue of 23,04,000 equity shares of Rs. 10/- each ("equity shares") of Worth Infra Industries Limited ("WIIL" or the "Company") for cash at a price of Rs. 20/- per share (the "issue price"), aggregating to Rs. 4.61 crores ("the issue") consisting of fresh issue of 6,00,000 equity shares aggregating to Rs. 1.20 crores and an offer for sale of 17,04,000 equity shares by the selling shareholders aggregating to Rs. 3.41 crores ("offer for sale"), of which 1,20,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. issue of 21,84,000 equity shares of Rs. 10/- each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 41.31% and 39.16%, respectively of the post issue paid up equity share capital of the company. |