Valplast Technologies Ltd

Valplast Technologies Ltd

Public issue of up to 52,02,000 equity shares of face value Rs. 10 each (equity shares) of Valplast Technologies Limited (the company or the issuer or vtl) for cash at a price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) (issue price), aggregating up to Rs. [*] crores (the issue). 2,80,000 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 49,22,000 equity shares of face value of Rs. 10 each at an issue price of Rs. [*] per equity share aggregating to Rs. [*] crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.50% and 25.08% respectively of the post-issue 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.