| initial public offer of 47,71,200 equity shares of face value Rs.10/- each (the "Equity Shares") of Classic Electrodes
(India) Limited ("the company" or the "issuer") for cash at an issue price of Rs. 87/- per equity share (including a securities premium of Rs. 77/- per equity share) ("issue price"), aggregating to Rs. 41.51 crores (the "issue") of which
2,78,400 equity shares aggregating to Rs. 2.42 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 44,92,800 equity shares of face value of Rs. 10/- each at an issue price of Rs.87/- per equity share aggregating to Rs. 39.09 crores is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 26.56% and 25.01% respectively of the post-issue paid-up equity share capital of the company. |