| Initial public issue of 22,76,400 equity shares of face value of Rs. 10 each ("Equity Shares") of De Neers Tools Limited (the "Company" or the "Issuer") for cash at a price of Rs. 101 per equity (the "Issue Price") aggregating to Rs. 22.99 crores ("The Issue") comprising of a fresh issue of 22,76,400 equity shares aggregating to Rs. 22.99 crores (the "Fresh Issue") of which 1,15,200 equity shares aggregating to Rs. 1.16 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 21,61,200 equity shares aggregating to Rs. 21.82 crores (the "Net Issue"). The issue and the net issue will constitute 26.45% and 25.11% respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 101.00 per equity share of face value of Rs. 10/- each and the issue price is 10.1 times of the face value at the lower price band and the upper price band respectively.
Bid can be made for minimum of 1,200 equity shares and the multiples of 1,200 equity shares thereafter.
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