Ecoline Exim Ltd

Ecoline Exim Ltd

Initial public offer of 57,21,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Ecoline Exim Limited ("the Company" or "the Issuer") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Offer") comprising of a fresh issue of 46,41,000 equity shares aggregating to Rs. [*] crores (the "Fresh Issue") and an offer for sale of 10,80,000 equity shares by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. [*] crores comprising; 2,50,000 equity shares aggregating up to Rs. [*] crores by Sudarshan Saraogi; 2,50,000 equity shares aggregating up to Rs. [*] crores by Saurabh Saraogi; 1,65,000 equity shares aggregating Rs. [*] crores by Shradha Saraogi, 1,65,000 equity shares aggregating Rs. [*] crores by Gunjal Saraogi and 2,50,000 equity shares aggregating up to Rs. [*] crores by S.L. Commercial Private Limited (Collectively Refferd as "Promoter Selling Shareholders") out of which [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion") and upto [*] equity shares aggregating up to Rs. [*] crores for subscription by eligible employees (as Defined Hereinafter) (the "Employee Reservation Portion"). The company may, in consultation with the brlm, offer a discount equivalent of Rs. [*] per equity share to the eligible employees bidding in the employee reservation portion ("Employee Discount"). The public offer less market maker reservation portion and employee reservation portion i.e. offer of [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*] % and [*] % respectively of the post-offer paid-up equity share capital of the company. The company in consultation with the book running lead manager, may consider a pre-ipo placement of up to 2,25,000 equity shares for cash consideration ("Pre-IPO Placement") prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead manager. if the pre-ipo placement is undertaken, the number of equity shares issued pursuant to the pre-ipo placement shall be reduced from the offer, subject to compliance with rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended ("scrr"). The price band and the minimum bid lot will be decided by the company.