Jain Resource Recycling Ltd

Jain Resource Recycling Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 2/- each ("Equity Shares") of Jain Resthece Recycling 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. 2000.00 crores (the "Offer") comprising a fresh issue of up to [*] equity shares by the company aggregating up to Rs. 500 crores (the "Fresh Issue") and an offer for sale of up to [*] equity shares aggregating up to Rs. 1500.00 crores comprising an offer for sale of up to Rs. 1430.00 crores by Kamlesh Jain and up to Rs. 70.00 crores by Mayank Pareek (collectively 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 company, in consultation with the brlms, may consider a pre-ipo placement aggregating upto Rs. 100.00 crores, 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 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 ("Scrr"). The pre-ipo placement, if undertaken, shall not exceed 20 % of the size of the fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares of face value of Rs. 10/- each on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if Undertaken). The face value of the equity share is Rs. 2/- 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.