| Initial public offering of up to [*] equity shares of face value of Re.1/- each (the "equity shares") of Travelstack Tech Limited (formerly known as Casa2 Stays Private Limited) ("company" or "issuer") for cash at a price of Rs.[*] per equity share (including a securities premium of Rs.[*] per equity share) ("offer price") aggregating up to Rs. [*] crores (the"offer") comprising a fresh issue of up to [*] equity shares of face value Re.1/- each by the company aggregating up to Rs.250.00
crores ("fresh issue") and an offer for sale of up to 5,373,135 equity shares of face value of Re.1/- each aggregating up to Rs.[*] crores and upto 21,479,834 equity shares of face value of Re.1/- each aggregating up to Rs.[*] crores, by the promoter selling shareholders and investor selling shareholders, respectively (as defined hereinafter) (the "offer for sale" and such equity shares offered for by the selling shareholders, the "offered shares"). This offer includes a reservation of up to [*] equity shares of face value Re.1/- each (constituting up to [*]% of the post-offer paid-up equity share capital) for purchase by eligible employees (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer would constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital. The company in consultation with the brlms, may offer a discount
of up to [*]% (equivalent to Rs.[*] per equity share) to the offer price to eligible employees bidding in the employee reservation portion ("employee discount"). The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities aggregating up to Rs. 50.00 crores prior to 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. The utilisation of the proceeds raised pursuant to the preipo placement will be done towards the objects of the fresh issue in compliance with applicable law. 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 face value of the equity shares is Re. 1/- each and the offer price is [*] times the face value of the equity shares of face value Re. 1/- each.
The price band, the employee discount and the minimum bid lot will be decided by the company. |