IPO

Rayzon Solar Ltd

Registered Office : 1104-1107&1109-1110 11th Flr,Mille.Busi.Hub Sarthana Jakatn,Surat Gujarat 395006 Phone : +91 98980 89173
Fax :

Email : ir@rayzonenergies.com

Website : https://rayzonsolar.com/

Initial public offering of up to [*] equity shares of face value of Rs. 2/- each ("Equity Shares") of Rayzon Solar Limited (the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("Issue Price") aggregating up to Rs. 1500.00 crores (the "Issue"). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. This issue includes a reservation of up to [*] equity shares of face value of Rs. 2/- each, aggregating up to Rs.[*] crores (Constituting up to [*]% of the post-issue paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The company in consultation with the brlms, may offer a discount of up to [*]% to the issue price (Equivalent of Rs.[*] per equity Share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The issue and net issue shall constitute at least [*]% and [*]%, respectively, of the post-issue paid-up equity share capital of the company. The company, in consultation with the brlms, may consider a pre-ipo placement aggregating up to Rs. 300.00 crores, prior to filing of the aggregating up to Rs. [*] crores ("Pre-Ipo Placement"). 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 securities contracts (Regulation) Rules, 1957, as amended ("scrr"). The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. prior to the completion of the issue, 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 issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. The company shall report any pre-ipo placement to the stock exchanges, within 24 hours of such pre-ipo placement (in part or in entirety). further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The face value of the equity shares is Rs. 2/- each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.