| Initial public offer of up to 55,02,000 equity shares of face value of Rs.10/- each (the "equity shares") of Faith Industries Limited ("the company" or "Faith" or "the issuer") at an offer price of Rs. [*] per equity share for cash, aggregating up to
Rs. [*] crores comprising of fresh offer of up to 44,16,000 equity shares aggregating to Rs. [*] crores ("fresh offer") and an offer for sale of up to 10,86,000 equity shares by all promoters ("selling shareholders") aggregating to Rs. [*] crores ("offer for sale") ("public offer") . The offer includes a reservation of [*] equity shares of face value of Rs.10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The public offer less market maker reservation portion i.e. net offer of up to [*] equity shares of face value of Rs.10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "net offer". The public offer and net offer will constitute [*]% and [*]%, respectively of the post-offer paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10/- each and the offer price is [*] times of the face value |
