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Faith Industries Ltd

Registered Office : 701 Shapth 1S G Rd,,Ahmedabad Gujarat 380015 Phone : +91 78740 30500
Fax :

Email : investor@faithind.com

Website : https://www.faithind.com/

Initial public offer of up to 55,02,000 equity shares of face value of Rs.10/- each (the "equity shares") of Faith Industries Limited ("the company" or "Faith" or "the issuer") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores comprising of fresh offer of up to 44,16,000 equity shares aggregating to Rs. [*] crores ("fresh offer") and an offer for sale of up to 10,86,000 equity shares by all promoters ("selling shareholders") aggregating to Rs. [*] crores ("offer for sale") ("public offer") . The offer includes a reservation of [*] equity shares of face value of Rs.10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores 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. net offer of up to [*] 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 face value of the equity shares is Rs. 10/- each and the offer price is [*] times of the face value

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

Smart Horizon Capital Advisors Private Limited

Projects

Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company

General corporate purposes

Promoted By

Kankariya Karan Virendra

Rajeev Kankariya

Fine Investment Private Limite

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd