IPO

Pragyawan Technologies Ltd

Registered Office : Flat #.2 2nd Flr P.N.#.70-A/31,Guru Nanak Pura Laxmi Nagar,Delhi Delhi 110092 Phone : +91 91936 66299
Fax :

Email : cs@pragyawan.com

Website : www.pragyawan.com

Initial public offer of up to [*] equity shares of face value of Rs. 2/- each ("equity shares") of Pragyawan Technologies Limited ("company" or "issuer") 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. [*] crores ("offer") comprising a fresh issue of up to [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 400.00 crores by the company (the "fresh issue") and an offer for sale of up to 15,000,000 equity shares of face value of Rs. 2/- each aggregating up to Rs. [*] crores ("offer for sale") comprising up to 7,500,000 equity shares of face value of Rs. 2/- each aggregating up to Rs. [*] crores by Puneet Jain and up to 7,500,000 equity shares of face value of Rs. 2/- each aggregating up to Rs. [*] crores by Shefali Jain (collectively, the "promoter selling shareholders" and such equity shares, the "offered shares"). The offer shall constitute [*]% of the post-offer paid-up share capital of the company. The company, in consultation with the brlm, may consider an issue of specified securities, aggregating up to Rs. 80.00 crores, as may be permitted under the applicable law, at its discretion, prior to filing of the roc. 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. The pre-ipo placement, if undertaken, shall not exceed 20.00% 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 in 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. 2/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.