| Initial public offering of 47,575,326 equity shares of face value of Rs. 1 each ("Equity Shares") of FSN E-Commerce Ventures Limited (The "Company" or the "Issuer") for cash at a price of Rs. 1125* per equity share (including a share premium of Rs. 1124 per equity share) ("Offer Price") aggregating to
Rs. 5349.72 crores (The "Offer") comprising a fresh issue of 5,602,666 equity shares aggregating to Rs. 630.00 crores (The "Fresh Issue") and an offer for sale of 41,972,660* equity shares aggregating to Rs. 4719.72 crores by the selling shareholders referred to in annexure a (The "Offer for Sale"). The offer included a reservation of 250,000 equity shares (constituting 0.05% 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 10.06% and 10.01%, respectively, of the post-offer paid-up equity share capital.
The offer price is Rs. 1125 per equity share and is 1125 times the face value of the equity shares and the anchor investor price is Rs. 1125 per equity share.
*A Discount of Rs. 100 per equity share was offered to eligible employees bidding in the employee reservation portion.
*Subject to finalization of the basis of allotment.
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