Neesa Leisure Ltd - IPO

Neesa Leisure Ltd IPO Details

Public issue of [*] equity shares of face value Rs. 10 each (Equity Shares) of Neesa Leisure Limited (Company/Issuer) for cash at a price of Rs. [*] per equity share (The Issue Price), including a share premium of Rs.[*] per equity share, aggregating upto Rs. [*] crores, comprising a fresh issue of upto [*] equity shares by Neesa Leisure Limited aggregating upto Rs. 200.00 crores (The Fresh Issue) and Offer for Sale of upto [*] equity shares by Axis Infrastructure Fund I (AIF) of upto Rs. 50.00 crores and 1,03,746 equity shares by HT Media Limited (HTML) (The Selling Shareholders) of Rs.[*] crores (The Offer for Sale). The fresh issue and the offer for sale are together referred to herein as the Issue. Further upto 2,00,000 equity shares will be reserved in the issue for subscription by eligible employees (The Employee Reservation Portion) subject to valid bids being received at or above the issue price provided that the value of allotment to a single eligible employee does not exceed Rs. 2,00,000. The issue less the employee reservation portion is hereinafter referred to as the net issue. The issue and the net issue will constitute at least [*]% and [*]%, respectively, of the post-issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each.

Objective of issue

Developing new properties at Lucknow,Raipur& Nasik. Repayment of a part of the term loan. General corporate purposes.

Neesa Leisure Ltd Contact Details

Neesa Leisure Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - ipo@neesaleisure.com

Website - www.neesaleisure.com