Natrinai Ventures Ltd - IPO

Natrinai Ventures Ltd IPO Details

Initial public offer of upto 43,60,200 equity shares of face value of Rs. 10/- each (equity shares) of Natrinai Ventures Limited (the company) for cash at a price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) (offer price), aggregating up to Rs. [*] crores comprising a fresh issue of upto 41,40,000 equity shares aggregating up to Rs. [*] crores by the company (the fresh offer) and an offer for sale of upto 2,20,200* equity shares aggregating up to Rs. [*] crores by Sivabagyam (the promoter selling shareholder) (the offered shares) (the offer for sale and together with the fresh issue, the offer) of which upto [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. net offer of upto [*] equity shares at an offer price of Rs. [*] per equity share aggregating up to Rs. [*] crores is hereinafter referred to as the Net Offer. The offer and net offer will constitute [*] % and [*] %, respectively of the post- offer paid-up equity share capital of the company. The face value of 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 decided by the company.

Objective of issue

To finance setting up a 7 MW Grid connected Solar PV Power Project on Build Own Operate (B-O-O) basis at village Poomalaikundu and village Veppampatti, Theni District, Tamil Nadu, India.. Funding incremental working capital requirements of the Company. General Corporate Purposes.

Natrinai Ventures Ltd Contact Details

Natrinai Ventures Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@ngegreenenergy.com

Website - www.ngegreenenergy.com