| Initial public offering of up to 47,00,000 equity shares of Rs. 10 each ("Equity Shares") of QMS Medical Allied Services Limited ("QMS" or the "Company") for cash at a price of Rs. 121.00 per equity share (the "Offer Price"), aggregating to Rs. 56.87 crores ("The Offer"), comprising a fresh issue of up to 28,00,000 equity shares aggregating to Rs. 33.88 crores by the company ("Fresh Issue") and an offer for sale of up to 19,00,000 equity shares by Mahesh Makhija ("The Promoter Selling Shareholder" or "The Selling Shareholder") aggregating to Rs. 22.99 crores ("Offer for Sale"). Of the offer, 2,36,000 equity shares aggregating to Rs. 2.86 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 44,64,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 121.00 per equity share aggregating to Rs. 54.01 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.33% and 25.01%, respectively of the post offer paid up equity share capital of the company.
Face value of the equity shares is Rs. 10.00 each and the offer price of
Rs. 121.00 is 12.10 times of the face value.
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