Initial public issue of upto 32,00,000 equity shares of face value of Rs.10/- each of Mayur Electromeck Limited for
cash at an issue price of Rs. [*]/- per equity share (including a premium of Rs. [*]/- per equity share) ("Issue Price") aggregating up to Rs. [*] Crores comprising of fresh issue of up to 32,00,000 equity shares aggregating to Rs. [*] Crores ("Fresh Issue") ("the Issue") and upto [*] equity shares at an issue price of Rs. [*] per share aggregating to Rs. [*] Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of up to [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*] per equity share aggregating to Rs. [*] Crores ("net issue"). The issue and the net issue will constitute [*]% and [*]% of the post-issue paid-up equity share capital of the company.