All Time Plastics Ltd

All Time Plastics Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 2 each (equity shares) of All Time Plastics 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 [*] crores (offer) comprising a fresh issue of up to [*] equity shares of face value Rs. 2 each by the company aggregating up to Rs. 350.00 crores (fresh issue) and an offer for sale of up to 5,250,000 equity shares aggregating up to Rs. [*] crores, by the selling shareholders (as defined hereinafter) (offer for sale). This offer includes a reservation of up to [*] equity shares of face value Rs. 2 each (constituting up to [*]% of the post-offer paid-up equity share capital) for purchase by eligible employees (the employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer would constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital. The company in consultation with the brlms, may offer a discount of up to [*]% (equivalent to Rs. [*] per equity share) to the offer price to eligible employees bidding in the employee reservation portion (employee discount). A private placement, rights issue, preferential offer or any other method of specified securities as may be permitted under applicable laws, may be undertaken by the company, in consultation with the brlms, to any person, for an aggregate amount not exceeding Rs. 70.00 crores (pre-ipo placement). The pre -ipo placement, if undertaken, will be at a price to be decided by the company in consultation with the brlms and will be completed with the roc. If the pre-ipo placement is undertaken, the amount raised from the pre-ipo placement will be reduced from the fresh issue, subject to the offer complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr). The pre-ipo placement, if undertaken, shall not exceed 20% 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 of face value Rs. 2 each 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 red herring prospectus and prospectus. The price band, the minimum bid lot and the employee discount, if any, will be decided by the company.