Seshaasai Technologies Ltd

Seshaasai Technologies Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 10/- each ("Equity Shares") of Seshaasai Technologies Limited ("Company" or "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. [*] crores (The "Offer") comprising of a fresh issue of up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 600.00 crores ("Fresh Issue") and an offer for sale of up to 7,874,015 equity shares of face value of Rs. 10/- each ("Offered Shares") aggregating up to Rs. [*] crores comprising up to 3,937,007 equity shares aggregating up to Rs. [*] crores by Gautam Sampatraj Jain and up to 3,937,008 equity shares aggregating up to Rs. [*] crores by Pragnyat Pravin Lalwani ("Promoter Selling shareholders" and such offer for sale of equity shares by the promoter selling shareholders, the "Offer for Sale"). 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 further issue of specified securities as may be permitted in accordance with applicable law to any person(s), aggregating to [*] equity shares up to Rs. 120.00 crores, at its discretion ("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. The pre-ipo placement, if undertaken, will be at a price to be decided by its company, in consultation with the brlms. If the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended ("scrr"). 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 in listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the preipo placement (If Undertaken). The offer includes a reservation of up to [*] equity shares of face value of Rs. 10/- each, aggregating up to Rs. [*] crores (Constituting up to [*] % of the Post-Offer Paid-Up Equity Share Capital), for subscription by eligible employees (As Defined Hereinafter) ("Employee Reservation Portion"). Such portion shall not exceed 5 % of the post-offer equity share capital of its company. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The company in consultation with the brlms, may offer a discount of Rs. [*] to the offer price (Equivalent of Rs. [*] per Equity Share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. The face value of the 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,