Initial public offer of upto 70,00,000 equity shares of face value of Rs. 5.00 each of Cloud Interiors Limited ("CIL" or the "company" or the "issuer") for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the "offer price") aggregating to Rs. [*] crores ("the offer"), the offer comprises a fresh issue of up to 60,00,000 equity shares aggregating up to Rs. [*] crores ("fresh issue") and an offer for sale of up to 10,00,000 equity shares ("offered shares") aggregating up to Rs. [*] crores by Mugundhan Sekar and Ishwarya Packirysamy such offer for sale of equity shares by the selling shareholders, the "offer for sale").
This offer includes a reservation of up to [*] equity shares aggregating up to Rs. [*] crores (constituting up to [*] % of the post- offer paid-up equity share capital of the company) for subscription by market maker ("market maker reservation portion"). The offer less the market maker reservation portion is hereinafter referred to as the "net offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post- offer paid -up equity share capital of the company, respectively.
The price band and the minimum bid lot will be decided by the company.