Neev Credit Ltd

Neev Credit Ltd

Initial public offer of upto [*] equity shares of face value of Rs.10/- each ("equity shares") of neev credit limited ("the company" or "the issuer") at an issue price of Rs.[*] per equity share (including a share premium of [*] per equity share) for cash, aggregating up to Rs.15.00 crores ("public issue") out of which [*] equity shares of face value of Rs.10 each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). the public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs.10 each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs.[*] crores is here inafter referred to as the "net issue". The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid- up equity share capital of the company. The price band and the minimum bid lot will be decided by the company in consultation with the brlm.