India1 Payments Ltd

India1 Payments Ltd

Initial public offering of up to (*) equity shares of face value of Rs.5 each ("equity shares") of India1 Payments Limited (the "company" or the company or the issuer) for cash at a price of Rs.(*) per equity share (including a premium of Rs.(*) per equity share) (the "offer price") aggregating up to Rs.(*) Crores (the "offer") comprising a fresh issue of up to (*) equity Shares by the company aggregating up to Rs. 150 Crores (the "fresh issue") and an offer for sale of up to 10,305,180 * equity shares aggregating up to Rs.(*) Crores comprising an offer For sale of up to 100,000 equity shares aggregating up to Rs.(*) Crores by the Banktech Group Pty Ltd, up to 2,508,430 equity shares aggregating up to Rs.(*) Crores by BTI Payments Singapore Pte. Ltd. (together with the Banktech Group Pty ltd referred to as the "promoter selling shareholders"), and up to 4,994,391 equity shares by India Advantage Fund S3 I, Up to 2,486,170 equity shares aggregating up to Rs.(*) Crores by India Advantage Fund S4 I and up to 216,189 equity shares aggregating up to Rs.(*) Crores by Dynamic India Fund S4 US I (together with India Advantage Fund S3 I and India Advantage Fund S4 I referred to as the investor selling shareholders, and collectively together with the promoter selling Shareholders referred to as the selling shareholders, and each individually, as a selling shareholder and such offer for sale of equity shares by the selling shareholders, The "offer for sale"). The offer includes a reservation of up to (*) equity shares, aggregating up to Rs.(*) Crores, for subscription by eligible employees not exceeding 5% of the Post-offer paid-up equity share capital (the employee reservation portion). The company in consultation with the book running lead managers ("brlms"), may offer a discount Of up to 10% of the offer price to eligible employees bidding in the employee reservation portion ("employee discount"). The offer less the employee reservation portion is Hereinafter referred to as the "net offer". The offer and the net offer shall constitute (*)% and (*)%, respectively, of the post-offer paid-up equity share capital of the company. *includes equity shares to be issued pursuant to conversion of ccps prior to the filing of the red herring prospectus with the roc in accordance with regulation 5(2) and regulation 8 of sebi icdr regulations. The company may, at its discretion, consider issuing equity shares on a private placement basis for cash consideration aggregating up to Rs.30 Crores, prior to filing of the red Herring prospectus with the roc (the "pre-ipo placement"). The price of the equity shares allotted pursuant to the pre-ipo placement shall be determined by the company and Selling shareholders in consultation with the book running lead managers ("brlms"). If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement Will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (the "SCRR"). The face value of the equity share is Rs. 5 each and the offer price is (*) times the face value of equity shares. The price band and the minimum bid lot will be decided by the company. The face value of the equity shares is Rs. 5 each and the offer price is (*) times the face value of the equity shares