Pioneer Fil-Med Ltd - IPO

Pioneer Fil-Med Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Pioneer Fil-Med Limited (Company or 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. 5,00.00 Crores (the Offer) comprising of a fresh issue of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs.2,50.00 Crore (Fresh Issue) and an offer for sale of up to [*] equity shares of face value of Rs. 10 each (Offered Shares) aggregating up to Rs. 2,50.00 Crore comprising up to [*] equity shares of face value of Rs. 10 each by Pioneer Facor it Infra developers Private Limited aggregating up to Rs. 1,25.00 Crore and upto [*] equity shares of face value of Rs. 10 each by Aztech India Private Limited aggregating up to Rs. 1,25.00 Crores (collectively, Selling Shareholders and such offer for sale of equity shares by the selling shareholders, the Offer For Sale). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company. The company,in consultation with the brlms, may consider a further issue of specified securities through a preferential offer or any other method as may be per mitted in accordance with applicable law to any person(s), of up to [*] equity shares for an amount aggregating up to Rs. 50.00 Crores, at its discretion, prior to filing of the red herring prospectus with the roc (Pre-Ipo Placement). If the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with rule19(2)(b) of the securities contracts (regulation) rules, 1957, as amended(scrr). 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 in 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) and as may be required under applicable law.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 Rs. 10 each. The offer price is [*] times the face value of the equity shares. The price band, and minimum bid lot will be decided by the company.

Objective of issue

Part financing the cost of establishing a gear box manufacturing facility. Part financing the cost of establishing a wind generator components manufacturing facility. General corporate purposes.

Pioneer Fil-Med Ltd Contact Details

Pioneer Fil-Med Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@pioneerfilmed.com

Website - https:, pioneerfilmed.com