| Public Issue of upto 22,02,000 equity shares of Rs. 10 each ("equity shares") of Veltech Forging Limited ("vfl" or the "company") for cash at a price of Rs. (*) per share (the "issue price"), aggregating to Rs. (*) Crores ("the issue"), of which upto 1,14,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of upto 20,88,000 equity shares of Rs. 10 each is hereinafter referred to as the ônet issueö. The issue and the net issue will constitute 26.85% and 25.46%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is Rs. 10 and the issue price is (*) time of the face value.
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