Earthood Services Ltd

Earthood Services Ltd

Initial public offering of up to 62,90,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Earthood Services Limited ("Company" ) for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) (the "Offer Price") Aggregating up to Rs. [*] crores ("the Offer") comprising an offer for sale of up to 42,90,000 equity shares aggregating up to Rs. [*] crores by Kaviraj Singh and up to 20,00,000 equity shares aggregating up to Rs. [*] crores by Ashok Kumar Gautam, (Collectively Referred to as the "Promoter Selling Shareholders" and such offer by the promoter selling shareholders, as the "Offer for Sale"). The offer shall constitute up to [*]% of the post-offer paid-up equity share capital of the company. The offer includes a reservation of up to [*] equity shares of face value of Rs. 10/- each, aggregating up to Rs. [*] crores (Constituting up to [*]% of the post-offer paid-up equity share Capital), for subscription by eligible employees (as defined Hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The company, in consultation with the brlm, may offer a discount of Rs. [*] to the offer price (Equivalent of Rs. [*] per Equity Share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the offer price is [*] times the face value of equity shares. The price band (Including Employee Discount, if any) and the minimum bid lot will be decided by the company.