| Initial public offer of upto 65,46,000 equity shares of face value of Rs. 10/- each ("equity shares") of Sintercom India Limited ("company" or "issuer") for cash at a price of Rs. 65 per equity share (including a share premium of Rs. 55 per equity share) aggregating upto Rs. 42.55 crores (the "offer") consisting of a fresh issue of 30,16,000 equity shares agregating upto Rs. 42.55 crores ("fresh issue") and an offer for sale of upto 35,30,000 equity shares including up to 10,31,213 equity shares by Victora Stock-Invest Private Limited and upto 24,98,787 equity shares by Maurill Industries Limited ("the selling shareholders") aggregating upto Rs. 22.95 crores ("offer for sale"). The offer includes a reservation of upto 50,000 equity shares of face value Rs. 10/- each at a price of Rs. 65 per equity share aggregating to Rs. 0.33 crores for subscription by eligible employees ("employee reservation portion") and reservation of upto 3,34,000 equity shares of face value Rs. 10/- each at a price of Rs. 65 per equity share aggregating Rs. 2.17 crores for subscription by the market maker to the offer (the "market maker reservation portion"). The offer less employee reservation portion and market maker reservation portion i.e. Net offer of 61,62,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 65/- per equity share, aggregating Rs. 40.05 crores is hereinafter refered to as the "net offer". The offer and the net offer will constitute 27.07 and 25.45% respectively of the post offer paid up equity share capital of the company.
The offer price: Rs.65 per equity share of face value of Rs.10 each.
The offer price is 6.5 times of the face value.
|