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Warivo Electric Mobility Ltd

Registered Office : DCG1-818-819 DLF Corp.Green,Sector-74A Narnghpur,Gurgaon Haryana 122004 Phone : 0124-5181 413
Fax :

Email : investor@warivoelectric.com

Website : https://warivoelectric.com

Initial public offering of upto 57,16,800 equity shares of face value of Rs. 10/- each ("equity shares") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("offer price") aggregating to Rs. [*] crores ("the offer"). The offer comprises a fresh issue of up to 46,32,000 equity shares aggregating up to Rs. [*] crores ("fresh issue") and an offer for sale of up to 10,84,800 equity shares ("offered shares") aggregating up to Rs. [*] crores, comprising up to 7,50,000 equity shares aggregating up to Rs. [*] crores by Rajeev Goel ("promoter selling shareholder"), up to 1,82,800 equity shares aggregating to Rs. [*] crores by Sanjay Kumar ("promoter selling shareholder"), up to 1,27,000 equity shares aggregating to Rs. [*] crores by Ritu Garg ("promoter selling shareholder") and up to 25,000 equity shares aggregating to Rs. [*] crores by Rajni Chamaria ("other selling shareholder") (collectively, the "selling shareholders" and such offer for sale of equity shares by the selling shareholders, the "offer for sale"). The offer will constitute [*] % of the post-offer paid up equity share capital of the company. The offer includes a reservation of up to [*] equity shares aggregating to Rs. [*] crores (constituting up to [*] % of the post offer paid-up equity share capital of the company) for subscription by market maker ("market maker reservation portion"). The offer less the market maker reservation portion is hereinafter referred to as the "net offer". The offer and the net offer will constitute [*] % and [*] % respectively, of the post- offer paid-up equity share capital of the company. The face value of the equity shares is Rs.10/- each. The offer price is [*] times of the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

Hem Securities Limited

Socradamus Capital Private Limited

Projects

Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the Company

Funding capital expenditure for establishment of a lithium-ion battery manufacturing facility ("Li-ion Facility") in Ellenabad, Haryana;

Investment in research and product development

Funding our incremental working capital requirements

Promoted By

Ravi Kumar

Sanjay Kumar

Rajeev Goel

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd