LCC Projects Ltd

LCC Projects Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 5/- each ("Equity Shares") of LCC Projects Limited ("Company" or "Issuer") 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 of a fresh issue of up to [*] equity shares of face value of Rs. 5/- each aggregating up to Rs. 320.00 crores ("Fresh Issue") and an offer for sale of up to 22,940,000 equity shares of face value of Rs. 5/- each ("Offered Shares") aggregating up to Rs. [*] crores comprising up to 11,470,000 equity shares of face value of Rs. 5/- each by Arjan Suja Rabari aggregating up to Rs. [*] crores and up to 11,470,000 equity shares of face value of Rs. 5/- each by Laljibhai Arjanbhai Ahir aggregating up to Rs. [*] crores (Collectively, "Selling Shareholders" 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 of face value of Rs. 5/- each, aggregating up to Rs. [*] crores (Constituting up to [*] % of the post-offer paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the brlm may offer a discount of up to [*] % (Equivalent of Rs. [*] per Equity Share) of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*] % and [*] % of the post-offer paid-up equity share capital of the company, respectively. The company, in consultation with the brlm, may consider a further issue of specified securities through a preferential offer or any other method as may be permitted in accordance with applicable law to any person(s), of up to [*] equity shares for an amount aggregating up to Rs. 64.00 crores, at its discretion, prior to filing of the ("Pre-ipo placement"). if the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with Rule 19(2)(b) of the securities contracts (Regulation) rules, 1957, as amended ("scrr"). prior to the completion of the offer, the company. The face value of the equity shares is Rs. 5/- each. the offer price is [*] times the face value of the equity shares. The price band, the rupee amount or discount, if any, to eligible employees bidding in the employee reservation portion ("Employee Discount") and the minimum bid lot will be decided by the company.