EverestIMS Technologies Ltd

EverestIMS Technologies Ltd

Initial public offer of upto 60,06,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Everestims Technologies Limited ("The Company" or "Everestims" or "The Offeror") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores comprising of fresh offer of up to 55,32,000 equity shares aggregating to Rs. [*] crores ("Fresh Offer") and an offer for sale of up to 4,74,000 equity shares by Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Arun Prasath Ramadoss, Ramesh Pratap Tiwari, Deepak Kumar Shenbagarajan, Srikanth Audina, N Ganesh Kumar, Deepak Gupta, Abhirup Sarkar, Prakash Bhat and Samaresh Man Dal ("Selling Shareholders") aggregating to Rs. [*] crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of up to [*] 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"). The public offer less market maker reservation portion i.e. net offer of up to [*] 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 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.