Initial public offer of upto 46,08,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Neptune Holidays Limited ("The Company"or "Neptune" or "The Issuer") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crores comprising of fresh issue of up to 37,05,600 equity shares aggregating to Rs. [*] Crores ("Fresh Issue") and an offer for sale of up to 9,02,400 equity shares by Novelty Merchants Private Limited, Neptune Aviations Private Limited, Neptune Leisure & Holidays Private Limited, Dinesh Kumar Bhatter, Chandra Prakash Bhatter and Santoshi Bhatter, Radhika Bhatter, Suraj Karan Bhatter ("Selling Shareholder") aggregating to Rs. [*] Crores ("Offer For Sale") ("Public Offer"). The offer includes a reservation of up to [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*] % and [*] % respectively of the post- offer paid-up equity share capital of the company.
The face value of equity shares is Rs. 10/- each. 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.