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Polite Powertech Ltd

Registered Office : Vth Flr 502 Pragari Tower,Pragati Corporation Pandesara,Surat Gujarat 394221 Phone : +91 84888 65155
Fax :

Email : compliance@politepowertech.com

Website : www.politepowertech.com

Initial public offering of up to 1,25,00,000* equity shares of face value of Rs. 10/- each ("equity shares") of Polite Powertech Limited ("the company" or the "issuer") for cash at a price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) ("offer price") aggregating up to Rs. [*] crores ("the offer"). The offer comprises of a fresh issue of up to 1,00,00,000* equity shares of face value of Rs. 10/- each by the company aggregating up to Rs. [*] crores (the "fresh issue") and an offer for sale of up to 25,00,000* equity shares of face value of Rs. 10/- each (the "offered shares") aggregating up to Rs. [*] crores (the "offer for sale"), by Yogeshkumar Narottambhai Patel ("promoter selling shareholder"). The offer includes a reservation of up to [*] equity shares of face value of Rs. 10/- each, aggregating up to Rs. [*] crores (constituting up to [*] % of the post offer paid-up equity share capital of the company), for subscription 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 shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The company may, in consultation with the book running lead managers ("brlms"), offer a discount of up to Rs. [*] on the offer price to eligible employees bidding in the employee reservation portion ("employee discount"). The price band, minimum bid lot and the employee discount, if any, shall 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

Arihant Capital Markets Limited

Valmiki Leela Capital Private Limited

Projects

Funding working capital requirements of the Company

General Corporate Purpose

Promoted By

Yogeshkumar Narottambhai Patel

Karankumar Yogeshbhai Sukhadiy

Snehalben Yogeshbhai Patel

Listing At

Registrar to the Issue

KFin Technologies Ltd