IPO

Nobel Hygiene Ltd

Registered Office : Plot No.A-70 MIDC Malegaon,Sinner,Nashik Maharashtra 422113 Phone : +91 22 22691 14404
Fax :

Email : compliance@nobelhygiene.com

Website : www.nobelhygiene.com

Initial public offering of up to [*] equity shares of face value Rs.2/- each ("equity shares") of Nobel Hygiene Limited ("company" or "issuer") for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) ("offer price") aggregating up to [*] crores ( "offer") comprising a fresh issue of up to [*] equity shares of face value Rs.2/- each by the company aggregating up to Rs.150.00 crores ( "fresh issue") and an offer for sale of up to 15,511,082 equity shares of face value Rs.2/- each by the selling shareholders (as defined hereinafter) aggregating up to Rs.[*] crores ("offer for sale"). This offer includes a reservation of up to [*] equity shares of face value Rs.2/- each (constituting up to [*]% of the post-offer paid-up equity share capital) for purchase by eligible employees (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer would constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital. The company in consultation with the brlms, may offer a discount of up to [*]% (equivalent to Rs.[*] per equity share) to the offer price to eligible employees bidding in the employee reservation portion ("employee discount"). The company, in consultation with the brlms, may consider a pre-ipo placement aggregating up to Rs.30.00 crores, as may be permitted under the applicable law, at its discretion, prior to filing of the roc. 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 undertaken, the amount raised from the pre-ipo placement will be reduced from the fresh issue, subject to the offer complying with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken shall not exceed 20% of the fresh issue. The utilisation of the proceeds raised pursuant to the pre-ipo placement will be done towards the objects in compliance with requirements prescribed under the companies act and other applicable law. Prior to the completion of the offer and the 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 in 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 face value of equity shares is Rs.2/- each. The offer price is [*] times the face value of the equity shares. The price band, the minimum bid lot and the employee discount, if any, will be decided by the company.