| Initial public offering of up to 4,39,48,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Enviro Infra Engineers Limited ("The Company" or "Issuer") for cash at a price of Rs. 148 per equity share (including a premium of Rs. 138 per equity share) ("Offer Price") aggregating up to Rs. 650.30 crores ("Offer"). The offer comprises a fresh issue of up to 3,86,80,000 equity shares aggregating up to Rs. 572.35 crores ("Fresh Issue") and an offer for sale of up to 21,34,000 equity shares aggregating up to Rs. 31.58 croress by Sanjay Jain, up to 21,34,000 equity shares aggregating up to Rs. 31.58 crores by Manish Jain, up to 5,00,000 equity shares aggregating up to Rs. 7.40 crors by Ritu Jain and , up to 5,00,000 equity shares aggregating up to Rs. 7.40 crores by Shachi Jain (collectively, "Promoter Selling Shareholders" and such offer for sale by the promoter selling shareholders, "Offer for Sale").
The offer includes a reservation of up to 1,00,000 equity shares, aggregating up to Rs. 1.35 crores constituting up to 0.06% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The company may, in consultation with the brlm, offer a discount equivalent of Rs. 13 per equity share to the eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute 25.04 % and 24.98 % of the post-offer equity share capital of the company.
The face value of the equity share is Rs. 10 each. The issue price is. 14.8
times of the face value of the equity shares.
A discount of Rs. 13 per equity share is being offered to eligible employees bidding in the employee reservation portion. |