| Initial public offer of up to 30,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Sharvaya Metals Limited ("Company") for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) ("Offer Price") aggregating up to Rs. [*] crores comprising a fresh offer of up to 30,00,000 equity shares aggregating up to Rs. [*] crores by our company ("Fresh Offer") and an offer for sale of up to 10,00,000 equity shares aggregating up to Rs. [*] crores by its promoter selling shareholder, (The "Offered Shares") (The "Offer for Sale" and Together with the Fresh Offer, the "Offer") of which [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (The "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer [*] equity shares of face value of Rs. 10/- each at price of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute [*]% and [*]% respectively of the fully-diluted post- offer paid-up equity share capital of our company.
Price band: Rs. 192 to Rs. 196 per equity share of face value of Rs. 10 each.
The floor price and the cap price are 19.2 times and 19.60 times the face value of the equity shares, respectively.
Bids can be made for a minimum of tow lot and in multiples of 600 equity shares of face value of Rs. 10 each thereafter. |