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ERIS Lifesciences Ltd

ERIS Lifesciences Ltd

    Registered Office : 8th Floor Commerce House -IV,Prahladnagar 100 FT Road,Ahmedabad Gujarat 380015 Phone : 91-79-30451000
    Fax : 91-79-48903474

    Email : complianceofficer@erislifesciences.com

    Website : www.eris.co.in

Initial public offering of 28,875,000 equity shares of face value of Re. 1 each (The "equity shares") of Eris Lifesciences Limited (The "company" or The "Issuer") for cash at a price of Rs. 603 per equity share (The "Offer Price") aggregating to Rs. 1741.16 crores (The "offer") through an offer for sale of up to 22,344,000 equity shares aggregating to Rs. 1347.34 crores by Botticelli (The "Investor selling shareholder"), up to 687,500 equity shares aggregating to Rs. 41.46 crores by Mr. Amit Indubhushan Bakshi, 687,500 equity shares aggregating to Rs. 41.46 crores by Mr. Himanshu Jayantbhai Shah, 1,031,167 equity shares aggregating to Rs. 62.18 crores by Mr. Inderjeet Singh Negi, 1,031,166 equity shares aggregating to Rs. 62.18 crores by Mr. Rajendrakumar Rambhai patel, 1,031,167 equity shares aggregating to Rs. 62.18 crores by Mr. Kaushal kamlesh Shah, (together the "promoter selling shareholders" 1,375,000 equity shares aggregating to Rs. 82.91 crores by Mr. Bhikhabhai Chimanlal Shah, 687,500 equity shares aggregating to Rs. 41.46 crores by Mr. Hetal Rasiklal shah, (collectively The "Offer selling shareholders" together with the investors selling shareholders and the promoters selling shareholders, the "selling shareholders"). The offer includes a reservation of 150,000 equity shares aggregating to Rs. 8.15 crores, for subscription by eligible employees (as defined hereinafter) (The "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer", aggregating up to 28,725,000 equity shares. The offer and the net offer shall constitute 21% and 20.89%, respectively of the post-offer paid-up equity share capital of the company. Offer price: Rs.603 per equity share of face value of Re.1 each. The offer price is 603 times of the face value.

Issue

Opens On

Closes On

16-Jun-2017

20-Jun-2017

Money Payable On

Application

Allotment

603.00

0.00

Minimum Application for shares in Nos : 24.0 Further Multiples of : 24.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

79.51

1,741.16

13.75

603.00

Axis Capital Ltd

Citigroup Global Markets India Pvt Ltd

Credit Suisse Securities (India) Pvt Ltd

Projects
  • Listing fees on Stock Exchanges
Promoted By
  • Amit Indubhushan Bakshi
  • Himanshu Jayantbhai Shah
  • Inderjeet Singh Negi
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Link Intime India Pvt Ltd