Initial public offering of up to 11,247,000 of Rs.10/- each ("equity shares") of Adroit Industries (India) Limited ("the company" or the "issuer") for cash at a price of Rs.[*] per equity share (including a securities premium of Rs.[*] per equity share) ("offer price") aggregating up to Rs.[*] crores (the "offer") comprising a fresh issue of up to 9,897,000 equity shares aggregating up to Rs.[*] crores by the company (the "fresh issue") and an offer for sale of up to 1,350,000 equity shares aggregating up to Rs.[*] crores by Mukesh Sangla HUF ("promoter group selling shareholder") ("offer for sale", and together with the fresh issue, the "offer").
The face value of the equity shares is Rs.10/- each and the offer price is [*] times the face value of the equity shares.
The price band and the minimum bid lot will be decided by the company.