Current Infraprojects Ltd

Current Infraprojects Ltd

Initial public offer of upto 56,48,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Current Infraprojects Limited ("the Company" or "Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share), aggregating to Rs. [*] crores ("the Issue"). This issue includes a reservation of up to 2,68,800 equity shares aggregating to Rs. [*] crores (Constituting up to [*] % of the post-issue paid up equity share capital of the company) for subscription by the market maker ("Market Maker Reservation Portion") and reservation of up to 99,200 equity shares of face value of Rs. 10/- each, aggregating to Rs. [*] (constituting up to [*] % of the post-issue paid up equity share capital of the company) for subscription by the eligible employees (the "Employees Reservation Portion"). The issue less market maker reservation portion and the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute [*] % and [*] % respectively of the fully diluted post issue paid up equity share capital of the company. The company, in consultation with the brlm, may consider a pre-ipo placement of up to 4,22,400 equity shares for cash consideration aggregating to Rs. [*] crores, at its discretion, prior to filing of the ("Pre-ipo Placement"). If the pre-ipo placement is completed, the issue size will be reduced to the extent of such pre-ipo placement, subject to the issue complying with rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended ("scrr"). The face value of the equity shares is Rs. 10/- each. The face value of equity shares is Rs. 10/- each and the issue price is Rs. [*] is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.