| Initial public offer of upto 36,00,000 equity shares of face value of Rs.10/- each ("equity shares") of JEE Pumps Limited ("the company" or "the issuer") for cash at an issue price of Rs.[*] per equity share (including a share premium of Rs. [*] per equity share)("issue price"), aggregating up to Rs.[*] crores ("the issue") out of which [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market
maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs.[*] crores is hereinafter referred to as the "net issue". The public issue and net issue will constitute [*]% and [*]% respectively of the
post-issue paid-up equity share capital of the company.
The price band and the minimum bid lot will be decided by the company. |