IPO

Encube Ethicals Ltd

Registered Office : No.803 B Wing HDIL Kaledonia,Sahar Rd Andheri East,Mumbai Maharashtra 400069 Phone : 91-22-6228 8000
Fax :

Email : compliance.cs@encubeethicals.com

Website : www.encubeethicals.com

Initial public offering of up to [*] equity shares of face value of Re.1/- each ("Equity Shares") of Encube Ethicals Limited ( "the Company" or "the company") for cash at a price of Rs. [*] per equity share ( Including a Share Premium of Rs. [*] Per Equity Share) ("Offer Price") aggregating up to Rs. 3000.00 Crores (the "Offer") through an offer for sale of up to [*] equity shares of face value of Re.1/- each aggregating up to Rs.2000.00 Crores by Mehul Madhusudan Shah (the "Promoter Selling Shareholder") and up to [*] equity shares of face value of Re.1/- each aggregating up to Rs. 1000.00 Crores by Frontier Investment Holdings Pte Ltd. (the "Investor Selling Shareholder", and together with the promoter selling shareholder, the "selling shareholders", and such equity shares so offered, the "offered shares", and such offer, the "offer for sale"). The offer includes a reservation of up to [*] equity shares of face value of Re. 1/- each aggregating up to Rs. [*] Crores (constituting up to [*] % of the post offer paid up paid-up equity share capital of the company) for subscription by eligible employees (defined hereinafter) (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and net offer shall constitute [*] % and [*] % of the post-offer paid-up equity share capital of the company, respectively. The company, in consultation with the brlms, may offer a discount of up to [*] % to the offer price (equivalent to Rs. [*] per equity share) to eligible employees (as defined hereinafter) bidding in the employee reservation portion ("employee discount"). The face value of equity shares is Re.1/- each. The offer price is [*] times the face value of the equity shares. The price band, employee discount and the minimum bid lot shall be decided by the company.