Initial public offering of up to [*] equity shares of face value of Rs. 2/- each ("equity shares") of Supreet Chemicals Limited (the "company" or the "issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("issue price") aggregating up to Rs. 499.00 crores ("fresh issue" or the "issue"). The issue shall constitute [*] % of the post-issue paid-up equity share capital of the company.
The company, in consultation with the brlm, may consider an issue of specified securities, as may be permitted under applicable law, to any person(s), aggregating up to Rs. 99.00 crores at its discretion, prior to filing of the (the "pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. 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 scrr, 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 issue, 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 issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. The company shall report any pre-ipo placement to the stock exchanges, within 24 hours of such pre-ipo placement (in part or in entirety). Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).
The face value of the equity shares is Rs. 2/- each and the issue price is [*] times the face value of the equity shares.
The price band and the minimum bid lot size will be decided by the company.