| Initial public offering of up to 59,00,000 equity shares of face value of Rs.10 each (the "Equity Shares") of Biocon Electric Limited ("The Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. [*] Crores comprising a fresh issue of up to 48,00,000 equity shares of face value Rs. 10 each aggregating up to Rs. [*] Crores by the company ("Fresh Issue") and an offer for sale of up to 11,00,000 equity shares of face value Rs. 10 each aggregating up to Rs. [*] Crores ("Offered Shares") by the promoter selling shareholders, comprising up to 2,20,000 equity shares of face value Rs. 10 each aggregating up to Rs. [*] Crores by Prakash Chand Jain , up to 2,20,000 equity shares of face value Rs. 10 each aggregating up to Rs. [*] Crores by Ranjeet Kumar Jain , up to 2,20,000 equity shares of face value Rs. 10 each aggregating up to Rs. [*] Crores by Praveen Kumar Jain, up to 2,20,000 equity shares of face value Rs. 10 each aggregating up to Rs. [*] Crores by Vikram Kumar and up to 2,20,000 equity shares of face value Rs. 10 each aggregating up to Rs. [*] Crores by Milap Chand Jain (collectively the "Selling Shareholders" or "Promoter Selling Shareholders"), ("Offer For Sale", together with the fresh issue, the "Offer"). The offer will constitute [*] % of the post-offer paid-up equity share capital.
The face value of the equity shares is Rs. 10 each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company. |
