Goel Construction Company Ltd

Goel Construction Company Ltd

Initial public offer up to 38,10,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Goel Construction Company Limited (the "Company" or "Issuer") for cash at an offer 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 up to 30,85,000 equity shares aggregating up to Rs. [*] crores (the "Fresh Issue") and an offer for sale up to 7,25,000 equity shares (the "Offered Shares") by Purushottam Dass Goel, Arun Kumar Goel, Naresh Kumar Goel, Nirmala Goel, Anuj Goel, Amit Goel, Ashwani Goel, Prem Goel, Vijay Kumar Goel, Gargi Goel and Kusum Goel ("the Selling Shareholders") aggregating up to [*] equity shares aggregating up to Rs. [*] crores ("Offer for Sale") 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 up to [*] equity shares aggregating up to Rs. [*] crores (Constituting up to [*] % of the post-issue paid-up equity share capital of the company) will be reserved for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the book running lead manager, may offer a discount of up to [*] % (Equivalent of Rs. [*] per Equity Share) to the offer price to eligible employees bidding under the employee the employee reservation portion ("Employee Discount"). The offer less the market maker reservation portion and employee reservation portion is hereinafter referred to as the "Net offer". The offer and the net offer will 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 the equity shares. The price band, the employee discount and the minimum bid lot will be decided by the company.