Initial public offer of upto 51,58,000 equity shares of face value of Rs. 10/- each ("equity shares") of Sunrise Middle East Turn Tech Limited ("the company" or "the issuer company") at an offer price of Rs. [*] per equity share (including a share premium of Rs. [*] /- per equity share) aggregating to Rs. [*] crores (public offer) comprising a fresh issue of upto 42,61,000 equity shares aggregating to [*] crores ("the fresh issue") and an offer for sale of up 8,97,000 equity shares by Hirenbhai Mansukhlal Sanghani, Jaydeep Rameshbhai Sanghani, Parag Rameshchandra Sanghani, Mayank Rasikbhai Sanghani, Mukesh Dhanjibhai Sanghani, Rameshchandra Sanghani, and Shitalben Mukeshbhai Sanghani, (collectively referred to as the "selling shareholders") aggregating to Rs. [*] crores ("offer for sale") out of which [*] equity shares of face value of Rs. 10/- each for an offer price of Rs. [*] /- per equity share for cash including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker "market maker reservation portion". The offer less the market maker reservation portion i.e. offer of upto [*] equity shares of face value of Rs. 10/- each at an offer price of Rs.[*] /- per equity share aggregating to Rs.[*] crores (is hereinafter referred to as the "net offer"). The offer and the net offer will constitute [*] % and [*] %, respectively of the post offer paid up equity share capital of the company.
The price band and the minimum bid lot will be decided by the company.