Smart Roof Solar Solutions Ltd - IPO

Smart Roof Solar Solutions Ltd IPO Details

Initial public issue of upto 75,00,000^ equity shares of face value of Rs.10/- each (Equity Shares'') of Smart Roof Solar Solutions Limited, (Smart Roof or the the Company or the Issuer) for issue price of Rs.[*]/- perequity share including a share premium of Rs.[*]/- per equity share (the issue price) aggregating up to Rs.[*]Crores (the issue), out of which [*] equity shares of face value of Rs.10/- each at an issue price of Rs.[*]/- per equity share aggregating to Rs.[*] Crores will be reserved for subscription by market maker to the issue (the MarketMaker Reservation Portion) and upto [*] equity shares of face value of Rs.10 each, at an issue price of Rs.[*] perequity share for cash, aggregating upto Rs.[*] Crores will be reserved for subscription by the eligible employees (the Employee Reservation Portion). The issue less the market maker reservation portion, andemployee reservation portion i.e. Net issue of [*] equity shares of face value of Rs.10/- each at an issue price ofRs.[*]/- per equity share aggregating to Rs.[*] Crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute [*] % and [*] % respectively, of the post issue paid up equity share capital of thecompany.The company, in consultation with the book running lead manager (brlm), may consider an issue of up to14,00,000 equity shares of face value of Rs.10 each, aggregating up to Rs. [*] Crores, as may be permitted under applicable law to any person(s), prior to filing of the red herring prospectus (pre-ipo placement). The pre ipoplacement, 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 scrr. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the issue, the company shall 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 besuccessful 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 made in the relevant sections of the red herring prospectus and prospectus. 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).The face value of equity shares is Rs. 10/- each. 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

Working Capital Requirement. Unidentified Acquisition. General Corporate Purpose.

Smart Roof Solar Solutions Ltd Contact Details

Smart Roof Solar Solutions Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - cs@gosmartroof.com

Website - https:, gosmartroof.com