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Stalwart People Services India Ltd

Registered Office : No.34 Thiyagaraya Gramani St,,Chennai Tamil Nadu 600017 Phone : +91 95006 46344
Fax :

Email : cs@stalwartgroup.com

Website : www.stalwartgroup.com

Initial public offering of up to [*] equity shares of face value of Rs.5/- each ("equity shares") of Stalwart People Services India Limited (the "company" or the "issuer") for cash at a price of Rs.[*] per equity share of face value of Rs.5/- per equity share (the "offer price") aggregating up to Rs.[*] crores (the "offer") comprising a fresh issue of up to [*] equity shares of face value of Rs.5/- each by the company aggregating up to Rs.150.00 crores (the "fresh issue") and an offer for sale of up to 5,264,151 equity shares aggregating up to Rs.[*] crores comprising up to 2,632,076 equity shares of face value of Rs.5/- each aggregating up to Rs.[*] crores by Christopher Arvinth, and up to 2,632,075 equity shares of face value of Rs.5/- each aggregating up to Rs.[*] crores by Caroline Mendez (the "promoter selling shareholders") and such offer by the promoter selling shareholders, the "offer for sale" and together with the fresh issue, the "offer"). The company, in consultation with the book running lead manager ("brlm"), may consider a pre-ipo placement of specified securities aggregating up to Rs.22.50 crores, prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. 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. Rhe pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. 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 the equity shares is Rs.5/- each and the offer price is [*] times 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

Bajaj Capital Securities Limited

Projects

Funding the working capital expenditure requirements of the Company

Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by its Company

General corporate purposes

Promoted By

Christopher Arvinth

Caroline Mendez

Listing At

Registrar to the Issue

KFin Techologies Ltd