Eldeco Infrastructure & Properties Ltd - IPO

Eldeco Infrastructure & Properties Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 5/- each (equity shares) of Eldeco Infrastructure and Properties 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) (offer price) aggregating up to Rs. 1000.00 crores (the offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 800.00 crores by the company (the fresh issue) and an offer for sale of up to [*] equity shares (offered shares) aggregating up to Rs. 200.00 crores, consisting of up to [*] equity shares of face value of Rs. 5/- each aggregating up to Rs. 102.00 crores by Pankaj Bajaj and up to [*] equity shares of face value of Rs.5/- each aggregating up to Rs. 98.00 crores by Bandana Kohli (the the promoter selling shareholders, and such offer for sale of equity shares by the promoter selling shareholders, the offer for sale). This offer includes a reservation of up to [*] equity shares of face value of Rs. 5/- each, aggregating up to Rs.[*] crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees (employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The company in consultation with the brlms, may offer a discount of up to Rs.[*] to the offer price (equivalent of Rs.[*] per equity share) to eligible employees bidding in the employee reservation portion (employee discount). The offer and the net offer shall constitute at least [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. 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. 160.00 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 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, 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 offer, 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 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 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

Repayment / prepayment of certain outstanding borrowing (including secured non-convertible debentures) availed by Eldeco Infracon Realtors Limited, one of its Material Subsidiaries. General Corporate Purpose.

Eldeco Infrastructure & Properties Ltd Contact Details

Eldeco Infrastructure & Properties Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investors@eldecoproperties.com

Website - https:, eldecogroup.com, investor, eldeco-infrastruc