Registered Office:
BVG House Premier Plaza,Pune-Mumbai Road Chinchwad,
Pune
-
411019,
Maharashtra, India.
Phone :
Fax:
Email :
Website :
Initial public offer of up to [*] equity shares of face value of
Rs. 2/- each ("equity shares") of BVG India Limited ("company") 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. [*] crores ("offer") consisting of a fresh issuance of up to [*] equity shares of face value of Rs.2/- each, aggregating up to Rs. 300.00 crores by the company ("fresh issue") and an offer for sale of up to 28,548,007 equity shares of face value of Rs. 2/- each aggregating up to Rs. [*] crores (the "offer for sale"), consisting of up to 3,130,725 equity shares of face value of
Rs. 2/- each aggregating up to Rs. [*] crores by Hanmantrao Gaikwad, up to 15,495,032 equity shares of face value of Rs.2/- each aggregating up to Rs. [*] crores by Strategic Investments FM (Mauritius) Alpha Limited, and up to 3,545,366 equity shares of face value of Rs. 2/- each aggregating up to Rs.[*] crores by Strategic Investments FM (Mauritius) B Limited and up to 6,376,884 equity shares of face value of
Rs. 2/- each aggregating up to Rs. [*] crores, by other selling shareholders (As defined hereunder) (collectively, the "selling shareholders" and such equity shares cumulatively offered by the selling shareholders, the "offered shares").
The offer includes a reservation of up to [*] equity shares of face value of Rs. 2/- each (constituting up to [*]% of the post-offer paid-up equity share capital of the company) aggregating up to Rs. [*] crores for subscription by eligible employees (as defined hereinafter) (the "employee reservation portion"). The company, in consultation with the brlms may offer a discount of up to [*]% of the offer price to eligible employees bidding in the employee reservation portion ("employee discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer will constitute [*]% and [*]% of the post-offer paid-up equity share capital, respectively.
The company, in consultation with the book running lead managers, may consider an issue of specified securities, as may be permitted under the applicable law aggregating up to Rs. 60.00 crores, prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead managers. 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 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 into 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). further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).
The face value of equity shares is Rs. 2/- each. the offer price is [*] times the face value of the equity shares.
The price band, the employee discount and the minimum bid lot will be decided by the company.