| Initial public offering of 36,00,000 equity shares of face value of Rs.10/- each ("equity shares") of Airpro Technology India Limited ("Airpro" or "the company") for cash at a price of Rs.[*]/- per equity share (including a premium of Rs. [*]/- per equity share) ("offer price") aggregating to Rs. [*] crores comprising of fresh offer of 29,20,000 equity shares ("the offer") and an offer for sale of up to 6,80,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores by Deepak Jain, Deepak Jain Huf, Pankaj Bhansali HUF, Roopali
Bhansali and Nandini Bhansali (the "selling shareholders") (the "offer for sale") of which up to [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker ("market maker reservation portion"). The offer less the market maker reservation portion i.e. offer of up to [*] equity shares of face value of Rs.10/- each at an offer price of Rs. [*] per equity share aggregating to Rs. [*] crores ("net offer"). The offer and the net offer will constitute [*]% and [*]% 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. |