| Initial public offer of up to [*] equity shares of face value of Rs. 5 each ("Equity Shares") of Pristine Logistics & Infraprojects Limited
("Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to
Rs. [*] crores comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 250.00 crores (the "Fresh Issue") and an offer for sale of up to 20,066,269 equity shares aggregating up to Rs. [*] crores, comprising up to 17,779,067 equity shares aggregating up to Rs. [*] crores by India Infrastructure Fund II ("IIF-II" or "Investor Selling Shareholder") (such equity shares offered by iif-ii, the "iif-ii offered shares") and up to 2,287,202 equity shares aggregating up to Rs. [*] crores by [*] ("Individual Selling Shareholders", and together with the investor selling shareholder, the "Selling Shareholders") (such equity shares offered by the individual selling shareholders, the "Individual Selling Shareholders" Offered Shares", and together with iif-ii offered shares, the "Offered Shares") (such offer by the selling shareholders, the "Offer for Sale" and together with the fresh issue, the "Offer"). The offer would constitute [*] % of the post-offer paid-up equity share capital of the company. The investor selling shareholder has agreed that it shall offer such number of offered shares that would result in the investor selling shareholder's post offer shareholding in the company to be not more than 24.9%.
The company may, in consultation with the lead managers, consider a pre-ipo placement of equity shares, for consideration aggregating up to Rs. 50.00 crores. The pre-ipo placement will be at a price to be decided by the company, in consultation with the lead managers and the preipo placement, if any, will be undertaken if the pre-ipo placement is completed, the size of the fresh issue will be reduced by the amount raised from the pre-ipo placement and the minimum offer size shall constitute at least 10% of the post-offer paid-up equity share capital of the company, in compliance with rule 19(2)(b) of the scrr.
The face value of equity shares is Rs. 5 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot shall be decided by the company.
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