Initial public offering up to 22,47,000 equity shares of Rs. 10/- each ("equity shares") of Marushika Technology Limited ("MTL" or the "company" or the "issuer") for cash at a price of Rs.[*]/- per equity share including a share premium of Rs. [*] per equity share (the "issue price") aggregating to Rs. [*] crores ("the issue"). The issue includes a reservation of upto 1,13,000 equity shares aggregating to Rs. [*] 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 upto 21,34,000 equity shares aggregating to Rs. [*] crores (the "net issue"). The public issue and net issue will constitute 26.50% and 25.17% respectively of the post-issue paid-up equity share capital of our company. The face value of the equity shares is Rs.10/- each and the floor price and cap price are [*] times and [*] times of the face value of the equity shares, respectively. The price band and the minimum bid lot will be decided by our company. * Subject to Finalization of Basis of Allotment.