IPO

Prestige Hospitality Ventures Ltd

Registered Office : Prestige Falcon Tower No.19,Burnton Road,Bangalore Karnataka 560025 Phone : +91 80 2559 1080
Fax :

Email : investors.phvl@prestigeconstructions.com

Website : www.prestigehospitalityventures.com

Initial public offering of up to [*] equity shares of face value of Rs. 5/- each ("Equity Shares") of Prestige Hospitality Ventures Limited ("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. 2700.00 crores comprising a fresh issue of up to [*] equity shares of face value of Rs. 5/- each aggregating up to Rs. 1700.00 crores by the company ("Fresh Issue") and an offer for sale of up to [*] equity shares of face value of Rs. 5/- each ("Offered Shares") aggregating up to Rs. 1000.00 crores by Prestige Estates Projects Limited (the "Promoter Selling Shareholder") ("Offer for Sale" and together with the fresh issue, the "Offer"). The company, in consultation with the book running lead managers, may consider a pre-ipo placement aggregating upto Rs. 340.00 crores, as may be permitted under the applicable law, at its discretion, prior to filing of 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 scrr. The pre-ipo placement, if undertaken, shall not exceed 20 % of the size 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 applicable law. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant 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 face value of equity shares is Rs. 5/- each. The offer price is [*] times the face value of the equity shares. The offer shall constitute [*] % of the post-offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company,