| Initial public offering upto 51,61,000 equity shares of Rs.10/- each ("equity shares") of Suntech Infra Solutions Limited ("suntech" or the "company") for cash at a price of Rs.[*]/- per equity share (the "offer price"), aggregating to Rs.[*] crores ("the offer"), comprising a fresh offer of up to 39,74,400 equity shares aggregating to Rs.[*] crores by the company ("fresh offer") and an offer for sale of up to 11,87,200 equity shares by gaurav gupta ("the promoter selling shareholder") aggregating to Rs.[*] crores ("offer for sale"). out of the offer, 2,59,200 equity shares aggregating to Rs.[*] crores will be reserved for subscription by market
maker ("market maker reservation portion"). The offer less the market maker reservation portion i.e. offer of 49,02,400 equity shares of face value of Rs.10.00/- each at an offer price of Rs.[*]/- per equity share aggregating to Rs.[*] crores is hereinafter referred to as the "net offer". The offer and the net offer will constitute 26.66% and 25.32%, respectively of the post offer paid up equity share capital of the company.
Price Band: Rs. 81 to Rs. 86 per equity share of face value of Rs. 10 each.
The floor price is 8.1 times of the face value and the cap price is 8.6 times of the face value.
Bids can be made for the minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter. |