| Initial public offering of up to 38,500,000 equity shares of face value of Rs. 10 each ("equity shares") of Ifl Finance Limited ("company" or "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 35,500,000 equity shares of face value of Rs. 10 each aggregating up to Rs. [*] Crores by the company ("fresh issue") and an offer for sale of up to 3,000,000 equity shares of face value of Rs. 10 each aggregating up to Rs. [*] Crores ("offered shares") by gopal bansal huf, arvind kumar bansal huf, sunita bansal and kriti suri ("the selling shareholder") ("offer for sale", and together with the fresh issue, the offer").
The company, in consultation with the book running lead manager, may consider a pre-ipo placement aggregating up to 11,500,000 equity shares, prior to filing of the red herring prospectus with the roc. The pre-ipo placement, if undertaken, will be at a price to be decided by the company. |
