| Initial public offer of 64,59,600 equity shares of face value of Rs. 10/- each of Pace E-Commerce Ventures Limited ("PEVL" or the "Company" or the "Issuer") for cash at a price of Rs. 103 per equity share including a share premium of Rs. 93 per equity share (the "Issue Price") aggregating to
Rs. 66.53. crores ("The Offer") comprising of fresh issue of 40,00,000 equity shares of Rs. 103 per equity shares aggregating to Rs. 41.20 crores and offer for sale of 24,59,600 equity shares by selling shareholders of
Rs. 103 per equity shares aggregating to Rs. 25.33 crores, of which 3,32,400 equity shares of face value of Rs. 10 each will for cash at a price of
Rs. 103 per equity share including a share premium of Rs. 93 per equity share aggregating to Rs. 3.42 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 61,27,200 equity shares of face value of Rs. 10 each at a price of Rs. 103 per equity share aggregating to Rs. 63.11 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.67% and 27.19 % respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 10.00/- each and the issue price is 10.3 times of the face value.
Minimum application of 1200 equity shares and in multiples of 1200 equity shares thereafter. |