Initial public offer of upto 58,00,000^ equity shares of face value of Rs.10/- each ("equity shares") of Shreedhar Spinners Limited ("the company" or "the issuer") at an issue price of
Rs.[*] per equity share (including a share premium of [*] per equity share) for cash, aggregating up to Rs.[*] crores ("public issue") out of which [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating up to Rs.[*] crores is here inafter referred to as the "net issue". The public issue and net issue will constitute [*]% and [*]% respectively of the post-issue paid- up equity share capital of the company.
The price band and the minimum bid lot will be decided by the company.
^Subject to finalisation of basis of allotment.