| Initial public offering of up to [*] equity shares of face value of Rs.5/- each ("equity shares") of Aspri Spirits Limited ("company" or "issuer") 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 (the "offer") comprising of a fresh issue of up to [*] equity shares of face value of Rs.5/- each aggregating up to Rs.140.00 crores ("fresh issue") and an offer for sale of up to 5,000,000 equity shares of face value of Rs.5/- each aggregating up to Rs. [*] crores comprising up to 1,010,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Jaikishan Sham Matai, up to 760,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Matai Jackie Sham HUF, up to 680,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Gautam Nandkishore Matai, up to 430,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Arunkumar Venkat Bangalore (the "promoter selling shareholders"), up to 180,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Duru Matai, up to 180,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Kajal Matai, up to 180,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Vrutika Matai (the "promoter group selling shareholders"), up to 600,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Parameshwari Narang, up to 480,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Emerald Electronics Private Limited, up to 260,000 equity shares of face
value Rs.5/- each aggregating up to Rs. [*] crores by Pavan Narang, up to 240,000 equity shares of face value Rs.5/- each aggregating up to Rs. [*] crores by Whiteline Impex Private Limited (the "other selling shareholders" and collectively with the promoter selling shareholders and the promoter group selling shareholders, the "selling shareholders", and such equity shares offered by the selling shareholders, the "offered shares"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company.
The company, in consultation with the brlms, may consider a further issue of specified securities, as may be permitted under the applicable law, at its discretion, aggregating up to Rs.28.00 crores, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be determined by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to
compliance with Rule 19(2)(b) of the securities contracts (regulation) Rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh
issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).
The face value of equity shares is Rs.5/- each. The offer price is [*] times the face value of the equity shares.
The price band and the minimum bid lot will be determined by the company. |
