| Initial public issue of up to 3279600 equity shares of face value of Rs. 5/- each of EPW India Limited ("EPW" or the "company" or the "issuer") for cash at a price of Rs. 95-Rs. 97 per equity share including a share premium of Rs. 90-Rs. 92 per equity share (the "issue price") aggregating to Rs. 31.16-Rs. 31.81 crores ("the issue"), of which 1,54,000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 95-Rs. 97per equity share including a share premium of Rs. 90-Rs. 92 per equity share aggregating to Rs. 1.46-Rs. 1.49 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 [*] equity shares of face value of Rs. 5/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the "net issue". The issue and the net issue will constitute 28.57% and 27.14%, respectively, of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 5/- each.
Price Band: Rs. 95.00 to Rs. 97.00 per equity share of face value of Rs. 5.00/- each.
The issue price is 19 to 19.40 times of the face value.
Bids can be made for a minimum size of 2,400 equity shares and in multiples of 1,200 equity shares thereafter. |