Saatvik Green Energy Ltd

Saatvik Green Energy Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 2/- each ("Equity Shares") of Saatvik Green Energy 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 up to Rs. 1150.00 crores (the "Offer") comprising a fresh issue of up to [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 850.00 crores by the company (the "Fresh Issue") and an offer for sale of up to [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 300.00 crores comprising of offer for sale of up to [*] equity shares aggregating up to Rs. 150.00 crores by Parmod Kumar and up to [*] equity shares aggregating up to Rs. 150.00 crores by Sunila Garg ("Selling Shareholders") (the "Offer for Sale"). The offer includes a reservation of up to [*] equity shares aggregating up to Rs. [*] crores (Constituting up to [*] % of the post-offer paid-up Equity Share Capital), for subscription by eligible employee(s) (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("brlms"), may offer a discount of up to Rs. [*] to the offer price to eligible employee(s) bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals, as may be required. The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. The offer price is [*] times the face value of the equity shares. The face value of the equity shares is Rs. 2/- each and the offer price is [*] times the face value of the equity shares. The price band (including employee discount, if any) and the minimum bid lot will be decided by the company.