Manjushree Technopack Ltd

Manjushree Technopack Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 2 each ("Equity Shares") of Manjushree Technopack Limited ("The Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. 3000.00 crores ("Offer") comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 750.00 crores by the company (the "Fresh Issue") and an offer for sale of up to [*] equity shares ("Offered Shares") aggregating up to Rs. 2250.00 crores by AI Lenarco Midco Limited (the "Promoter Selling Shareholder", and such offer for sale by the promoter selling shareholder, the "Offer for Sale"). This offer includes a reservation of up to [*] equity shares aggregating up to Rs. [*] crores (constituting up to [*]% of the post-offer paid-up equity share capital of the company) for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers, may offer a discount of up to [*] % (equivalent of Rs. [*] per equity share) to the offer price to eligible employees bidding under 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 paidup equity share capital of the company. The company, in consultation with the brlms, may consider a further issue of equity shares through a private placement, preferential offer or any other method as may be permitted under applicable law to any person(s), aggregating up to Rs. 150.00 crores, at its discretion, with the roc ("pre-ipo placement"). 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 and allotment pursuant to the pre-ipo placement, the company shall appropriately intimate the subscribers 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 in the listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the red herring prospectus and prospectus. The price band, employee discount (if any) and the minimum bid lot will be decided by the company.