| initial public offering of up to [*] equity shares of face value of Rs.10 each ("equity shares") of beauty garage limited (formerly known as beauty garage private
limited and beauty garage india private limited) ("company" or the "issuer") for cash at a price of Rs.[*] per equity share (including securities premium of Rs.[*] per equity
share) ("offer price") aggregating up to [*] crores (the "offer"). the offer comprises of a fresh issue of up to [*] equity shares by the company aggregating up to Rs.
1,250 crores (the "fresh issue") and an offer for sale of up to 7,836,000 equity shares (the "offered shares") consisting of 3,918,000 equity shares aggregating to Rs. [*]
crores by jigar babubhai ravaria and 3,918,000 equity shares aggregating to Rs. [*] crores by mahesh babubhai ravaria (collectively, referred to as the "promoter
selling shareholders")
the company, in consultation with the brlm, may consider a pre-ipo placement aggregating up to Rs.250 crores, prior to filing of the red herring prospectus. the
pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. if the pre-ipo placement is completed, the amount
raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the scrr. the pre-ipo placement, if
undertaken, shall not exceed 20% of the size of the fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers
to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the
offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation
to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the rhp and prospectus and details of the
pre-ipo placement, if any, shall be reported to the stock exchanges within 24 hthes of such transactions, in accordance with regulation 54 of the sebi icdr
regulations.
the price band and the minimum bid lot shall be decided by the company
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