| Initial public issue of up to 52,50,000 equity shares of face value of Rs.5/- each of Fly-Hi Maritime Travels Limited for cash at a issue price of Rs. [*]/- per equity share (including a premium of Rs. [*]/- per equity share) ("issue price") aggregating up to Rs. [*] crores comprising of fresh issue of up to 42,50,000 equity shares aggregating to Rs. [*] crores ("fresh issue") and an offer for sale of upto 10,00,000 equity shares by Jitendra Kumar Negi ("selling shareholder") aggregating to Rs. [*] crores ("offer for sale") ("the issue") and upto [*] equity shares at an issue price of Rs. [*] per share aggregating to Rs. [*] crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of up to [*] equity shares of face value of Rs. 5/- each at an issue price of Rs. [*] per equity share aggregating to Rs. [*] crores ("net issue"). the issue and the net issue will constitute [*]% and [*]% of the post-issue paid-up equity share capital of the company.
The face value of the equity share is Rs. 5/- and the issue price is [*] times of the face value. |
