| Initial public issue of upto 63,51,600 equity shares of face value of Rs. 10/- each of Spunweb Nonwoven Limited (formerly known as Spunweb Nonwoven Private Limited), ("Spunweb" or the "Company" or the "Issuer") for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86/- per equity share (the "Issue Price") aggregating to
Rs. 60.98 crores ("the Issue"), of which 3,21,600 equity shares of face value of Rs. 10/- each for cash at a price of
Rs. 96/- per equity share including a share premium of
Rs. 86/- per equity share aggregating to Rs. 3.09 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 60,30,000 equity shares of face value of Rs. 10/- each at a price of Rs. 96/- per equity share including a share premium of Rs. 86/- per equity share aggregating to Rs. 57.89 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute
26.35 % and 25.02 %, respectively, of the post issue paid up equity share capital of the company.
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