Initial public offer of up to [*] equity shares of face value of Rs. 5/- each ("Equity Shares") of the company at an offer price of Rs. [*] per equity share (including a share premium of Rs.[*] per equity share) for cash, aggregating upto Rs. 40.10 crores ("Offer") comprising a fresh issue of [*] equity shares aggregating upto to Rs. 35.02 crores (the "Fresh Issue") and an offer for sale of [*] equity shares by Purshotam Singla ("the Selling Shareholder" or "Promoter Selling Shareholder") ("Offer for Sale") aggregating upto to Rs. 4.99 crores, out of which [*] equity shares of face value of Rs. 5 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. 2.01 crores will be reserved for subscription by eligible employees of the company (the "Employees Reservation Portion") and [*] equity shares of face value of Rs. 5/- each, at an offer price of Rs.[*] per equity share for cash, aggregating Rs. [*] will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less employee reservation portion and market maker reservation portion i.e. offer of [*] equity shares of face value of Rs. 5/- each, at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. 38.01 crores is hereinafter referred to as the "Net Offer". The offer and net offer will constitute [*]% and [*]% respectively of the post-offer paid-up equity share capital of the company.
Price Band: Rs. 78/- to Rs. 83/- for equity share of face value of Rs. 5 each.
The floor price is 15.6 times times the face value and cap price is 16.60 times of the face value of the equity shares.
Bids can made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter.
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