| Initial public issue of 9,50,400 equity shares of face value of Rs. 10/- each ("Equity Shares") of Naturewings Holidays Limited ("The Company" or the "Issuer") for cash at a price of Rs. 74 per equity share (the "Issue Price"), (including a premium of Rs. 64 per equity share), aggregating
Rs. 7.03 crores ("The Issue"), of which 48,000 equity shares of face value of Rs. 74/- for cash at a price of Rs. 64 each aggregating Rs. 0.36 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 9,02,400 equity shares of face value of Rs. 74 each for cash at a price of Rs. 64 per equity share, aggregating to Rs. 6.68 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.07% and 28.55% respectively of the post issue aid up equity share capital of the company.
The face value of the equity shares is Rs. 10 each and the issue price is 7.4 times of the face value.
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