| Initial public issue of upto 32,49,600 equity shares of face value of Rs. 10/- each of Supertech EV Limited ("SEL" or the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the "Issue Price") aggregating to Rs. [*] crores ("The Issue"), of which 1,63,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The public issue less the market maker reservation portion i.e. net issue of 30,86,400 equity shares of face value of Rs. 10/- each at a issue price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and the net issue will constitute 26.29% and 24.97% respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 87 to Rs. 92 per equity share of face value of Rs. 10 each.
The floor price is 8.7 times of the face value and the cap price is 9.2 times of the face value.
Bids can be made for the minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter. |