| Initial public offering of up to 19,354,838 equity shares of face value of Rs. 2/- each ("Equity Shares") of Saatvik Green Energy Limited (the "Company" or the "Issuer") for cash at a price of Rs. 465 per equity share (including a share premium of Rs.463 per equity share) ("Offer Price") aggregating up to
Rs. 900.00 crores (the "Offer") comprising a fresh issue of up to 15,053,763 equity shares of face value of Rs. 2/- each aggregating up to Rs. 700.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 43,01,075 equity shares of face value of Rs. 2/- each aggregating up to
Rs. 200.00 crores comprising of offer for sale of up to [*] equity shares aggregating up to Rs. 112.00 crores by Parmod Kumar and up to 24,08,602 equity shares aggregating up to Rs. 88.00 crores by Sunila Garg ("Selling Shareholders") (the "Offer for Sale"). The offer includes a reservation of up to 18,92,473 equity shares aggregating up to Rs. 200.00 crores (Constituting up to [*] % of the post-offer paid-up Equity Share Capital), for subscription by eligible employee(s) (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("brlms"), may offer a discount of up to Rs. [*] to the offer price to eligible employee(s) bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals, as may be required. The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. The offer price is [*] times the face value of the equity shares.
A discount of Rs. 44 per equity share is being offered to eligible employees bidding in the employee reservation portion |