IPO

Avaada Electro Ltd

Registered Office : C-11 Sector-65 Gautam Buddha-,Nagar,Noida Uttar Pradesh 201301 Phone : +91 22 6140 8000
Fax :

Email : avaadaelectro@avaada.com

Website : www.avaadaelectro.com

Initial public offering of [*] equity shares of face value of Rs. 5 each ("Equity Shares") of Avaada Electro 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 (the "Offer Price") aggregating up to Rs. 7600.00 Crores (the "Offer"). The offer comprises of a fresh issue of up to [*] equity shares of face value of Rs. 5 each by the company aggregating up to Rs. 1600.00 Crores ("Fresh Issue") and an offer for sale of up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 6000.00 Crores by Avaada Ventures Private Limited ( "Promoter Selling Shareholder" and such equity shares, the "Offered Shares") ("Offer for Sale", and together with the fresh issue, the "Offer"). The offer includes a reservation of [*] equity shares of face value of Rs. 5 each, aggregating to Rs. [*] Crores (constituting up to [*]% of the post offer paid-up equity share capital of the company for subscription by eligible employees (as defined hereinafter) (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, in consultation with the brlms, may consider a pre-ipo placement, aggregating up to Rs. 320.00 Crores, prior to the filing of red herring prospectus. 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. the 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) shall be appropriately made in the relevant sections of the red herring prospectus and the prospectus. The price band, employee discount, if any and the minimum bid lot will be decided by the company.