Kusumgar Ltd - IPO

Kusumgar Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 1 each (Equity Shares) of Kusumgar Limited (Formerly Known As Kusumgar Private Limited And Kusumgar Corporates Private Limited) (Company or Issuer)for cash at a price of Rs. [*] per equity share (Including A Premium of ? [*] Per Equity Share) (Offer Price) aggregating up to Rs. 650 crore (Offer)comprising a an offer for sale of up to [*] equity shares (Offered Shares)aggregating up to Rs. 420 crore by Siddharth Yogesh Kusumgar, up to [*] equity shares aggregating up to Rs. 200 crore by Sapna Siddharth Kusumgar and up to [*] equity shares aggregating up to Rs. 30 crore by Siddharth Yogesh Kusumgar Huf (the Promoter Selling Shareholders, and such offer for sale by the promoter selling shareholders, the Offer For Sale).This offer includes a reservation of up to [*] equity shares aggregating up to Rs. [*] crore (Constituting Up To [*]% Of The Post-Offer Paid-Up Equity Share Capital Of The Company) for subscription by eligible employees (the Employee Reservation Portion). The company, in consultation with the book running lead managers, may offer a discount of up to [*] % (Equivalent Of Rs.[*] Per Equity Share) to the offer price to eligible employees bidding under the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company.The price band, and the minimum bid lot will be decided by the company.

Objective of issue

listing the Equity Shares on the Stock Exchanges.

Kusumgar Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@kusumgar.com

Website - https:, www.kusumgar.com