IPO

Shiprocket Ltd

Registered Office : Plot No B Khasra No 360,,Sultanpur Delhi 110030 Phone : +91 87448 68534
Fax :

Email : companysecretary@shiprocket.com

Website : www.shiprocket.in

Initial public offering of 166,761,566 equity shares of face value of Rs. 10 each ("Equity Shares") of Shiprocket Limited ("the Company" or "the Company") for cash at a price of Rs. 97 per equity share (including a share premium of Rs. 87 per equity share) ("Offer Price") aggregating to Rs. 1617.49 Crores comprising a fresh issue of 91,299,203 equity shares of face value of Rs. 10 each aggregating to Rs. 885.5 Crores by the company ("Fresh Issue") and an offer for sale of 75,462,363 equity shares of face value of Rs. 10 each aggregating to Rs. 731.99 Crores ("Offered Shares") by the selling shareholders ("offer for sale", and together with the fresh issue, the "Offer"). The company, in consultation with the brlms, may consider a further issue of specified securities to certain investors, aggregating up to Rs. 220.00 crores, as permitted under applicable law, at its discretion, prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to allotment pursuant to the pre-ipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The offer include a reservation of 113,636 equity shares of face value of Rs. 10 each, aggregating to Rs. 1 Crores (constituting up to 0.02% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the brlms, offered a discount of Rs. 9 per equity shares of face value of Rs. 10 each to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 22.92% and 22.90% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 97 per equity share of face value of Rs. 10 each. The floor price is 9.7 times of the face value of the equity shares. Bids can be made for a minimum of 154 equity shares and in multiples of 154 equity shares thereafter. A discount of Rs. 9 per equity share is being offered to eligible employees bidding in the employee reservation portion.