Ajay Poly Ltd

Ajay Poly Ltd

Initial public offering of up to [*] equity shares of face value of Re. 1/- each ("Equity Shares") of the company for cash at a price of Rs. [*] per equity share (Including a Premium of Rs. [*] per Equity Share) ("Offer Price") aggregating up to Rs. [*] crores (The "Offer") comprising a fresh issue of up to [*] equity shares of face value Re. 1/- each aggregating up to Rs. 238.00 crores by the company (The "Fresh Issue") and an offer for sale of up to 9,300,000 equity shares of face value Re. 1/- each (The "Offered Shares") aggregating up to Rs. [*] crores comprising an offer for sale of up to 3,700,000 equity shares of face value Re. 1/- each by Bina Jain aggregating up to Rs. [*] crores, up to 2,800,000 equity shares by Rajeev Jain aggregating up to Rs. [*] crores, up to 2,800,000 equity shares by Nitin Jain aggregating up to Rs. [*] crores, and such equity shares offered by the promoter selling shareholders, the "Offered Shares") (Such offer for sale by the promoter selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The offer will constitute [*] % of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 47.60 crores at its discretion, prior to the pre-ipo placement, if undertaken, will be at a price to be decided by its company, in consultation with the brlms. 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 securities contracts (Regulation) Rules, 1957, as amended. 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). The face value of the equity shares is Re. 1/- each and the offer price is [*] times the face value of the equity shares. The price band (including employee discount, if any) and the price band and the minimum bid lot size will be decided by the company.