| Initial public offer of upto 71,84,000 equity shares of face value of Rs. 10/- each of Fine Refiners Limited ("FRL" or the "company" or the "offer or ") at an offer price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating upto Rs. [*] crores ("public offer") comprising of a fresh issue upto 57,49,000 equity shares aggregating to Rs. [*]/- crores (the "fresh issue") and an offer for sale of upto 14,35,000 equity shares by Narjis A Vasaya ("the promoter selling shareholder"), aggregating upto 14,35,000 equity shares by the promoter selling shareholder ("offer for sale") aggregating upto Rs. [*]/- crores, out of which [*] equity shares of face value of Rs. 10/- each at an offer 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 offer (the "market maker reservation portion"). The offer
less the market maker reservation portion i.e. net offer of [*] equity shares of face value of Rs. 10/- each at an offer price of Rs. [*]/- per equity share including a share premium of Rs.[*]/- per equity share aggregating to Rs. [*] crores is Herein after referred to as the "net offer". The offer and the net offer will constitute [*]% and [*]%, respectively, of the post offer paid up equity share capital of the company.
The price band and the minimum bid lot will be decided by the company. |
