| Initial public offering of 38,187,541* equity shares of face value of Rs. 10 each ("Equity Shares") of the company ("The Company" or the "Issuer") for cash at a price of Rs. 220 per equity share (including a premium of Rs. 210 per equity share) ("Offer Price") aggregating to Rs. 840.13 crores*. The offer comprises of a fresh issue of 34,818,181* equity shares aggregating to Rs. 766.00 crores ("Fresh Issue") and an offer for sale of 3,369,360 equity shares by Veena Kumari Tandon (the "Selling Shareholder", and such equity shares, "Offered Shares") aggregating to Rs. 74.13 crores* ("Offer for Sale", and together with the fresh issue, "Offer"). The offer will constitute 21.67% of the post-offer paid-up equity share capital.
The company has, in consultation with the brlms, undertaken the pre-ipo placement of 3,793,103 equity shares at a price of Rs. 290.00 per equity share (including a premium of Rs. 280.00 per equity share) aggregating to
Rs. 110.00 crores.
Offer Price Rs. 220 per share of face value of Rs. 10 each. The offer price is 22 times of face value.
* Subject to finalisation of the basis of allotment.
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