Glottis Ltd

Glottis Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 2/- each ("Equity Shares") of the 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 (the "Offer") comprising a fresh issue of up to [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 160.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 14,500,000 equity shares of face value of Rs. 2/- each, comprising up to 7,250,000 equity shares of face value of Rs. 2/- each aggregating up to Rs. [*] crores by Ramkumar Senthilvel and up to 7,250,000 equity shares of face value of Rs. 2/- each aggregating up to Rs. [*] crores by Kuttappan Manikandan ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer for Sale"). The offer will constitute [*] % of the post-offer paid-up equity share capital. 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.