| Initial public offer of upto 36,96,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Rama Telecom Limited ("the Company") for cash at a price of Rs. [*] per equity share (including Share Premium of Rs. [*] per Equity Share) ("Offer Price"), aggregating up to Rs. [*] crores comprising a fresh issue of up to 36,96,000 equity shares aggregating up to Rs. [*] crores by the company ("Fresh Offer") of which upto [*] 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 portion i.e., net offer of upto 35,10,000 equity shares 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 28 % and 26.59 %, respectively of the post offer paid up equity share capital of the company.
Price Band: Rs. 65 to Rs. 68 per equity share of face value of Rs. 10 each.
The floor price is 6.5 times of the face value and the cap price is 6.8 times of the face value.
Bids can be made for the minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter. |