Regaal Resources Ltd

Regaal Resources Ltd

Initial public offer of up to [*] equity shares of face value of Rs. 5/- each (Equity Shares) of Regaal Resources Limited (Company) for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) (Offer Price) aggregating up to Rs. [*] crores (Offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 190.00 crores by the company (Fresh Issue) and an offer for sale of up to 900,000 equity shares aggregating up to Rs. [*] crores by the selling shareholders (Offer for Sale) comprising up to 3,095,440 equity shares aggregating up to Rs. [*] crores by Anil Kishorepuria, up to 1,800,000 equity shares aggregating up to Rs. [*] crores, by Shruti Kishorepuria, up to 2,532,300 equity shares aggregating up to Rs. [*] crores by BFL Private Limited (Each, a Promoter Selling Shareholder) and up to 1,572,260 equity shares aggregating up to Rs. [*] crores by SRM Private Limited, (Other Selling Shareholder, and Together the Promoter Selling Shareholders, and such Equity Shares, the Offered Shares). The offer shall constitute [*] % of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities aggregating up to Rs. 38.00 crores, the pre-ipo placement, if undertaken, will be at a price decided by its company, in consultation with 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 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, 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 offer, or the offer 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 face value of equity shares is Rs. 5/- 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.