G. Surgiwear Ltd - IPO

G. Surgiwear Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs.10/- each (equity shares) of the company for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) (offer price) aggregating to Rs. 740.00 crores (the offer) comprising a fresh issue of up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs. 370.00 crores by the company (fresh issue) and an offer for sale of up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs. 370.00 crores (offered shares) by Ghanshyam Das Agarwal (the promoter selling shareholder) (offer for sale, and together with the fresh issue, the offer). The offer shall constitute [*]% of the post-offer paid-up equity share capital.The company, in consultation with the brlms, may consider an issue of specified securities, as may be permitted under applicable law, to any person(s), aggregating up to Rs. 74.00 crores at its discretion, prior to filing of 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 brlms. 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. The pre-ipo placement, if undertaken, shall not exceed 20.00% of the size of the fresh 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 offer or the offer 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 hthes 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.10/- each. The offer price is [*] times the face value of the equity shares. The price band, and the minimum bid lot will be decidedby the company.

Objective of issue

Financing the capital expenditure requirements of the Company through purchase of machinery for its Manufacturing Facility. Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by its Company. General corporate purposes.

G. Surgiwear Ltd Contact Details

G. Surgiwear Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - ad@surgiwear.net

Website - www.surgiwear.co.in