05:03 PM, 14th May 2025
Wendt GmbH Germany (the Promoter and the Seller) is a promoter of the Company and proposes to sell up to 600000 Equity Shares of the Company (representing 30% of the total issued and paid up equity share capital of the Company) (Base Offer Size) on May 15 2025 (T day) (for non-Retail Investors (as defined below) only) and on May 16 2025 (T+1 day) (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) with an option to additionally sell 150000 Equity Shares (representing 7.50% of the total issued and paid up equity share capital of the Company) (the Oversubscription Option) collectively representing 37.50% of the total issued and paid up equity share capital of the Company (held in dematerialized form in one or more demat accounts with the relevant depository participant) in accordance with the SEBI OFS Guidelines (such offer for sale hereinafter referred to as the Offer). In the event that the Oversubscription Option is exercised the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will collectively hereinafter be referred to as Offer Shares and while in the event that such Oversubscription Option is not exercised the Equity Shares forming part of the Base Offer Size will continued to be referred as Offer Shares.<BR><BR>The Offer shall be undertaken exclusively through the Sellers Broker named below on a separate window provided by the Stock Exchanges for this purpose.<BR><BR>Dates and time of the opening and closing of the Offer:-<BR><BR>The Offer shall take place over two trading days on a separate window of the Stock Exchanges on May 15 2025 (T day) and May 16 2025 (T+1 day) commencing from 9:15 a.m. and shall close on the same date at 3:30 p.m. (Indian Standard Time) on both days as per details given below.<BR><BR>For non-Retail Investors: May 15 2025<BR><BR>Only non-Retail Investors shall be allowed to place their bids on T day i.e. May 15 2025. While placing their bids non-Retail Investors may indicate their willingness to carry forward their un-allotted bids to T+1 day for allocation to them in the unsubscribed portion of Retail Category (defined below). <BR><BR>The Offer shall take place during trading hours on a separate window of the Stock Exchanges on T day i.e. May 15 2025 commencing at 9:15 a.m. and shall close at 3:30 p.m. Indian Standard Time on the same date.<BR><BR>For Retail Investors (defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids to T+1 Day: May 16 2025<BR><BR>The Offer shall continue to take place during trading hours on a separate window of the Stock Exchanges on T+1 day i.e. May 16 2025 commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. Indian Standard Time on the same date.<BR><BR>Only Retail Investors (defined below) shall be allowed to place their bids on T+1 day i.e. May 16 2025. Further those non-Retail Investors who have placed their bids on T day and have chosen to carry forward their unallotted bids to T+1 day shall be allowed to carry forward their un-allotted bids for allocation to them in the unsubscribed portion of Retail Category (defined below) and also revise their bids on T+1 day as per the SEBI OFS Guidelines.<BR><BR>Floor Price:-<BR><BR>The floor price for the Offer shall be Rs. 6500 per Equity Share (Floor Price).<BR>