Glass Wall Systems (India) Ltd - IPO

Glass Wall Systems (India) Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs.2/- 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 up to Rs.[*] crores (offer). The offer comprises a fresh issue of up to [*] equity shares (of face value of Rs.2/- each) aggregating up to Rs.60.00 crores by the company (fresh issue) and an offer for sale of up to 40,234,552 equity shares of face value of Rs.2/- each (offered shares) aggregating up to Rs.[*] crores by the selling shareholders, consisting of up to 8,810,887 equity shares (of face value of Rs.2/- each) aggregating up to Rs.[*] crores by Jawahar Hariram Hemrajani, up to 158,896 equity shares (of face value of Rs.2/- each) aggregating up to Rs.[*] crores by Eshan Jawahar Hemrajani, up to 261,190 equity shares (of face value of Rs.2/- each) aggregating up to Rs.[*] crores by Eshan Jawahar Hemrajani (Jointly with Dikshita Eshan Hemrajani), up to 520,334 equity shares (of face value of Rs.2/- each) aggregating up to Rs.[*] crores by Amit Jawahar Hemrajani, up to 111,000 equity shares (of face value of Rs.2/- each) aggregating up to Rs.[*] crores by VinneJawahar Hemrajani, up to 21,868,020 equity shares (of face value of Rs.2/- each) aggregating up to Rs.[*] crores by India Business Excellence Fund IIA and up to 8,504,225 equity shares (of face value of Rs.2/- each) aggregating up to Rs.[*] crores by vistra itcl (India) Limited (Trustee of Business Excellence Trust II - India Business Excellence Fund II) (such offer for sale of equity shares by the selling shareholders, the offer for sale).The face value of the equity share is Rs.2/- each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided bythe company.

Objective of issue

Funding capital expenditure requirement for setting up of GPU Project as part of planned backward integration of the Company at the Vile Bhagad Facility. General corporate purposes.

Glass Wall Systems (India) Ltd Contact Details

Glass Wall Systems (India) Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@glasswallsystem.com

Website - www.glasswallsystems.in