| Initial public offer of 53,55,200* equity shares of face value of Rs. 10 each ("Equity Shares") of All E Technologies Limited ("Company") for cash at a price of Rs. 90 per equity share (including a share premium of Rs. 80 per equity share) ("Offer Price") aggregating to Rs. 48.20 crores comprising a fresh issue of 48,64,000 equity shares aggregating to Rs. 43.78 crores by the company ("Fresh Issue") and an offer for sale of 4,91,200 equity shares aggregating to Rs. 4.42 crores* by the selling shareholder and such equity shares offered by the selling shareholder, (the "Offered Shares") (such offer by the selling shareholder, the "Offer for Sale" and together with the fresh issue, the "Offer") of which 2,68,800 equity shares aggregating to
Rs. 2.42 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer 50,86,400 equity shares of face value of Rs. 10 each at price of Rs. 90 per equity share aggregating to Rs. 45.78 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 26.52% and 25.19% respectively of the fully diluted post-offer paid-up equity share capital of the company.
The face value of equity shares is Rs. 10 each. The offer price is 9 times the face value of the equity shares.
Bids can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter. |