|
Indo-MIM Ltd
|
Registered Office:
45P KIADB Industrial Area,Hoskote
,
Bangalore
-
562114
,
Karnataka
, India.
Phone :
+91 81 2347 9565 Fax:
Email : santosh.d@indo-mim.com
Website : www.indo-mim.com
|
|
Initial public offer of 78,618,857 equity shares of face value of Rs1 each ("Equity Shares") of Indo-mim Ltd ("Company" or "Issuer") for cash at a price of Rs485 per equity share (Including a share premium of Rs484 per equity share) ("Offer Price"), aggregating to Rs3812.12 Crore (the "Offer") comprising of a fresh issue of up to equity 10,327,835 equity shares of face value of Rs1 each aggregating to Rs500.00 Crore (the "Fresh Issue") and an offer for sale of to 68,291,022 equity shares of face value of Rs1 each aggregating to Rs3312.12 Crore (the "Offer for Sale") comprising of to 60,524,322 equity shares of face value Rs1 each aggregating to Rs2935.43 Crore by green meadows investments ltd (the"Corporate Promoter Selling Shareholder"), to 5,459,000 equity shares of face value Rs1 each aggregating to Rs264.76 Crore by Anuradha Koduri (the "Individual Promoter Group Selling Shareholder"), and to 2,307,700 equity shares of face value Rs1 each aggregating to Rs111.92 Crore by Indian institute of technology madras (the "Other Selling Shareholder" and Collectively With the Corporate Promoter Selling Shareholder, and Individual Promoter Group Selling Shareholder, the "Selling Shareholders", and Such Equity Shares Offered by the Selling Shareholders, the "Offered Shares").
This offer includes a reservation of 200,000 equity shares of face value of Rs1 each, aggregating to Rs8.8 Crore (constituting up to 0.04% of the post-offer paid-up equity share capital, for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 15.90% and 15.86%, respectively, of the post-offer paid-up equity share capital. The company in consultation with the brlms, may offer a discount of 9.28% (equivalent to Rs45 per equity share) to the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount").
Price Band: Rs485 per equity share of face value of Rs1 each.
The floor price 485 times the face value of the equity shares, respectively.
Bids can be made for a minimum of 30 equity shares of face value of Rs1 each and in multiples of 30 equity shares of face value of Rs1 each thereafter.
A discount of Rs45 per equity share is being offered to eligible employees bidding in the employee reservation portion.
|
|
|
|
Opens On
|
Closes On
|
Application
|
Allotment
|
|
|
23-Jul-26
|
27-Jul-26
|
Rs 485.00-0.00
|
Rs 0.00-0.00
|
|
Minimum Application for shares in Nos :30 Further
Multiples of :30
|
|
|
|
(Rs Cr)
|
Lead Managers to the Issue
|
|
|
Project Cost
|
485.44
|
|
|
Project Financed through Current Offer
|
3812.12
|
|
|
Post Issue Equity Share Capital
|
56.28
|
|
|
Issue Price
|
Rs 485.00
|
|
|
|