Natraj Energy Ltd - IPO

Natraj Energy Ltd IPO Details

Initial public issue of up to 43,00,800* equity shares of face value of inr 5 each (Equity Shares) of Natraj Energy Limited (The Company or The Company) for cash at a price of inr [*] per equity share (including a share premium of inr [*] per equity share) (Issue Price) aggregating upto inr [*] Crores (The Isue). The issue includes 2,16,000* equity shares of face value of inr 5 each for cash at an issue price of inr [*] per equity share including a share premium of inr [*]/- per equity share aggregating to inr [*] will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 40,84,800* equity shares of face value of inr 5 each at an issue price of inr [*] per equity share aggregating upto inr [*] is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 30.07 % and 28.56 % respectively of the post issue paid up equity share capital of the company.The company, in consultation with the brlms, may consider a pre-ipo placement, as may be permitted under applicable law, to any person(s), aggregating up to inr [*] Crores, at its discretion, prior to filing of the red herring prospectus with the roc. The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. 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 securities contracts (regulation) rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20.00% 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 issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the red herring prospectus and the prospectus. The face value of the equity shares is inr 5/- each and the issue 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 and/or pre-payment, in full or part, of certain borrowings availed by the Company. Funding capital expenditure requirement of the company towards purchase of Machineries.. To meet working capital requirements. General Corporate Purpose.

Natraj Energy Ltd Contact Details

Natraj Energy Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - compliance@natrajenergy.com

Website - www.natrajenergy.com