IPO

Baba Agro Food Ltd

Registered Office : 504 Mangal Murti Heights,5th Flr Rani Bagan Harmu Road,Ranchi Jharkhand 834001 Phone : 91-651-2285853
Fax : 91-651-2283337

Email : skmltd@gmail.com

Website : www.babaagrofood.in

Public offer of 35,00,000 equity shares of face value of Rs. 10/- each ("equity shares") of Sri Krishna Metcom Limited ("company" or "issuer") for cash at a price of Rs. 55/- per equity share (including a share premium of Rs. 45/- per equity share) aggregating up to Rs. 19.25/- crores ("offer") comprising a fresh issue of 6,00,000 equity shares aggregating up to Rs. 3.30 crores by the company ("fresh issue") and an offer for sale of 3,11,000 equity shares by Sudhir Prasad Sahu (HUF), 9,00,000 equity shares by Mrs. Krishna Devi, 6,00,000 equity shares by Mrs. Binita Sahu, 6,00,000 equity shares by Mrs. Ekta Sahu, 2,44,000 equity shares by Yogesh Kumar Sahu (HUF) and 2,45,000 equity shares by Gyan Prakash Sahu (HUF) (collectively referred to as the "selling shareholders") aggregating 29,00,000 equity shares aggregating up to Rs. 15.95 crores by the selling shareholders ("offer for sale") The offer comprises of 1,80,00 equity shares of face value Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating Rs. 0.99 crores which will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. Offer of 33,20,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating Rs. 18.26 crores is hereinafter refered to as the "net offer". The offer and the net offer will constitute 26.45% and 25.09%, 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 of Rs. 55/- is 5.5 times of the face value.