IPO

Parth Electricals & Engineering Ltd

Registered Office : No.301 Ridhi-Siddhi Elanza,Subhanpura,Vadodara Gujarat 390023 Phone : 0265 2291 922
Fax :

Email : cs@parthelectricals.in

Website : www.parthelectricals.in

Initial public offer of upto 36,50,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"), and [*] equity shares aggregating up to Rs. [*] crores will be reserved for subscription by eligible employees (As Defined Hereinafter) (the "Employee Reservation Portion"). The company, in consultation with the brlm, may offer a discount of up to [*] % of the offer price (Equivalent to Rs. [*] per Equity Share) to the eligible employees bidding in the employee reservation portion ("Employee Discount"). The public issue less market maker reservation portion and employee reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid-up equity share capital of the company. The company, in consultation with the book running lead managers, may consider a further issue of specified securities of up to 7,25,000 equity shares through a private placement, preferential issue or any other method, as may be permitted under applicable law to any person(s), for cash consideration aggregating up to Rs. [*], at the discretion, prior to the filing of the ("Pre-ipo Placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company. If the pre-ipo placement is undertaken, the amount raised from the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. If the pre-ipo placement is undertaken, the company shall report to the stock exchange(s) within twenty-four hours of such pre-ipo placement transactions (in part or in entirety). The price band and the minimum bid lot will be decided by the company.