| Initial public offering of up to 92,25,000 equity shares of face value of Rs. 10/- each ("equity shares") of Decent Spinners Limited ("company" or the "issuer") for cash at a price of
Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("offer price") aggregating up to Rs. [*] crores comprising a fresh issue of up to 83,50,000 equity shares aggregating up to Rs. [*] crores by the company ("fresh issue") and an offer for sale of up to 8,75,000 equity shares aggregating up to Rs. [*] crores (the "offered shares") comprising up to [*] equity shares by [*] aggregating up to Rs. [*] crores and up to [*] equity shares by [*] aggregating up to Rs. [*] crores (the "promoter selling shareholders", "selling shareholders" and such offer, the "offer for sale") (the "offer for sale" and together with the fresh issue, the "offer") of which [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the "market maker reservation portion"). The offer, less market maker reservation, i.e. net offer [*] equity shares of face value of Rs. 10/- each at price 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 fullydiluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs.10/- each. the offer price is [*] times the face value of the equity shares.
The price band and the minimum bid lot will be decided by the company. |