Zelio E-Mobility Ltd

Zelio E-Mobility Ltd

Initial public offer of upto 64,20,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Zelio E-Mobility Limited ("the Company" or "the Issuer") at an offer price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores ("Public Offer") comprising of a fresh issue of 52,80,000 equity shares aggregating to Rs. [*] crores (the "Fresh Issue") and an offer for sale of 11,40,000 equity shares by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. [*] crores comprising, 3,80,000 equity shares aggregating up to Rs. [*] crores by Niraj Arya, 3,80,000 equity shares aggregating up to Rs. [*] crores by Kunal Arya and 3,80,000 equity shares aggregating up to Rs. [*] crores by Deepak Arya (Collectively Refferd as "Promoter Selling Shareholders") out of which [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*] % and [*] % respectively of the post-offer paid-up equity share capital of the company. The company in consultation with the book running lead manager, may consider a pre-ipo placement of up to 6,60,000 equity shares for cash consideration ("Pre-IPO Placement") prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead manager. if the pre-ipo placement is undertaken, the number of equity shares issued pursuant to the pre-ipo placement shall be reduced from the offer, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended ("scrr"). The price band and the minimum bid lot will be decided by the company.