Raft Motors Ltd

Raft Motors Ltd

Initial public offer of upto 57,10,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an offer price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) ("Offer Price") for cash aggregating up to Rs. [*] crores ("Public Offer"), consisting of fresh issue of 53,00,000 equity shares aggregating to Rs. [*] crores and an offer for sale of 4,10,000 equity shares by Aditya Vikram Birla ("The Promoters Selling Shareholder" or "The Selling Shareholder") aggregating to Rs. [*] crores ("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 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 hereinafter referred to as the "Net Issueö. The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- and the offer price is [*] times of the face value.