| Initial public offer of up to 18,50,000 equity shares of face value of Rs.2/- each ("equity shares") of Avtar Career Creators
Limited ("company" or the "issuer") for cash at a price of
Rs.[*]/- per equity share including a share premium of Rs.[*]/- per equity share (the "issue price") aggregating to Rs.[*] crores ("the issue") of which 92,500 equity shares of face value of Rs.2/- each for cash at a price of Rs.[*]/- per equity share including a share premium of Rs.[*]/- per equity share aggregating to Rs.[*] crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of up to 17,57,500 equity shares of face value of Rs.2/- each at a price of Rs.[*]/- per equity share including a share premium of Rs.[*]/- per equity share aggregating to
Rs.[*] crores (the "net issue"). The issue and the net issue will constitute up to [*]% and [*]% respectively of the post issue paid up equity share capital of the company. |
