Initial public issue of upto 19,00,000* equity shares of face value of Rs. 10/- each ("equity shares") of Navkkar Gold & Diamond Limited ("Navkkar" or the "company" or "the issuer") for cash at a price Rs. [*] per equity share (including a share premium of Rs. [*] /- per equity share) ("the issue price") aggregating upto Rs. [*] crores, of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating upto Rs. [*] crores will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of upto [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*]/- per equity share including a share premium of upto Rs. [*] aggregating to Rs. [*] crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute upto [*]% and [*]%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. [*] is [*] times of the face value.