| Initial public offering of 320,000,000* units (as defined herein) for cash at a price of Rs. 100 per unit aggregating to Rs. 3200.00 crores by Nexus Select Trust comprising of a fresh issuance of 140,000,000* units aggregating to Rs. 1400.00 crores (the "Fresh Issue") and an offer for sale of 180,000,000* units by the selling unitholders (as defined herein) aggregating to Rs. 1800.00 crores (the "Offer for Sale" and together with the fresh issue, the "Offer"). The offer will constitute 21.12%* of the issued and paid-up units on a post-offer basis in accordance with regulation 14(2a) of the reit regulations.
*Subject to finalization of the basis of allotment
Bids can be made for a minimum of 150 units and in multiples of 150 units thereafter by bidders other than anchor investors. |