Ravi Infrabuild Projects Ltd

Ravi Infrabuild Projects Ltd

Initial public offer of [*] equity shares of face value of Rs. 10/- each ("Equity Shares") of Ravi Infrabuild Projects Limited ("Company") for cash at a price of Rs. [*] per equity share of face value of Rs. 10/- each (Including a Securities Premium of Rs. [*] per Equity Share) ("Issue Price") Aggregating up to Rs. 1100.00 crores ("Fresh Issue or "the "Issue"). The issue shall constitute [*] % of the post-issue paid-up equity share capital of the company. The issue includes a reservation of up to [*] equity shares of face value of Rs. 10/- Aggregating up to Rs. [*] crores (Constituting up to [*] % of the post-issue paid-up equity share capital), for subscription by eligible Employees ("Employee Reservation Portion"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute [*] % and [*] % of the post-issue paid-up equity share capital of the company, respectively. The company may in consultation with the brlms, offer a discount of Rs. [*] on the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount). The company, in consultation with the brlms, may consider a further issue of specified securities to certain investors for an amount aggregating up to Rs. 220.00 crores, as permitted under applicable laws on or prior to the date of filing of the ("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 issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20 % of the size of the issue. Prior to the completion of the issue, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the issue or the issue may be successful and will result into 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). The price band and the minimum bid lot will be decided by the company.