| Initial public offering of up to (*) equity shares of face value of Rs. 10 each ("equity shares") of P. N. Gadgil & Sons Limited ("the company"or the "company" or the "issuer") for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) ("issue price") aggregating up to Rs. 500 Crores ("issue"). The issue will constitute up to (*)% of the post-issue paid-up equity share capital of the company. The issue includes a reservation of up to (*) equity shares aggregating up to Rs. (*) Crores, for subscription by eligible employees (the "employee reservation portion") at a discount, if any, of (*)% (equivalent to Rs. (*) per equity share) on the issue price ("employee discount"). The issue less the employee reservation portion is referred to as the "net issue". The issue shall constitute (*)% of the post issue issued, subscribed and paid-up equity share capital and the net issue shall constitute (*)% of the post issue issued, subscribed and paid-up equity share capital.
The face value of each equity share is Rs. 10 each. The issue price is (*) times the face value of the equity shares. The price band, employee discount, if any, and the minimum bid lot will be decided by the company.
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