Oval Projects Engineering Ltd

Oval Projects Engineering Ltd

Initial public offer of up to 56,98,000 equity shares of face value of Rs. 10/- each ("Eequity Shares") of Oval Projects Engineering Limited ("the Company" or the "Issuer") for cash, at a price of Rs. [*] per equity share (including a Share Premium of Rs. [*] per Equity Share) ("Offer Price") aggregating upto Rs. [*] crores ("Offer") comprising a fresh issue of upto 53,08,000 equity shares aggregating upto Rs. [*] crores (the "Fresh Issue") and an offer for sale of upto 3,90,000 equity shares ("Offered Shares") aggregating upto Rs. [*] crores by Goutam Debnath, All time securities private limited, Yash Shares and Stock Private Limited, Kapil Mantri and Vummidi Ananth (Collectively "Selling Shareholders" and such offer for sale of Equity Shares by the Selling Shareholders, "Offer for Sale") out of which [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e. offer of [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Offer". The offer and net offer will constitute [*] % and [*] %, respectively of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.