BVG India Ltd

BVG India Ltd

Initial public offer of up to [*] equity shares of face value of Rs. 10 each ("Equity Shares") of BVG India Limited ("Company") 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 ("Offer") consisting of a fresh issuance of up to [*] equity shares aggregating up to Rs. 200.00 crores by the company ("Fresh Issue") and an offer for sale of up to 1,698,458 equity shares by Hanmantrao Ramdas Gaikwad and up to 300,523 equity shares by Umesh Gautam Mane ("Promoter Selling Shareholders"), up to 3,383,589 equity shares by Strategic Investments FM (Mauritius) Alpha limited and up to 774,194 equity shares by Strategic Investments FM (Mauritius) B Limited ("Investor Selling Shareholders") and up to 1,039,450 equity shares by other selling shareholders (as defined hereunder), collectively with the promoter selling shareholders and the investor selling shareholders, the "Selling Shareholders" and such equity shares cumulatively offered by the selling shareholders, the "Offered Shares") aggregating up to Rs. [*] crores ("Offer for Sale"). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. The company in consultation with the lead managers, may consider a private placement of equity shares, as may be permitted under applicable law to any person(s), aggregating up to Rs. 40.00 crores, with the roc, at a price to be decided by the company and the investor selling shareholders in consultation with the lead managers ("pre-ipo placement"). If the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to compliance with rule 19(2)(b) of the scrr. 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