Shakti Polytarp Ltd

Shakti Polytarp Ltd

Initial public offer of up to 53,85,000 equity shares of face value of Rs. 10/- each of Shakti Polytarp Limited ("SPL" or the "Company" or the "Issuer") for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Offer Price") aggregating to Rs. [*] crores ("the Offer"), comprising a fresh issue of up to 53,85,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores by the company ("Fresh Issue") out of the offer, 4,50,000 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of up to 49,35,000 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 30.00 % and 27.49 %, respectively, of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the floor price and cap price are [*] times and [*] times of the face value of the equity shares, respectively.