Registered Office:
Pt No 1A & 1B, Techno Houz,,Shilpa Hills, Izzat Nagar,,
Kothagudem
-
500084,
Telangana, India.
Phone :
040 23125571 Fax:
Email :
cs@technopaints.in
Website :
www.technopaints.in
Initial public offer of up to [*] equity shares of face value of Rs.5 each ("Equity Shares") of the company for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) ("Offer Price") aggregating up to Rs.500.00 Crores, ( "Offer") comprising of a fresh issue of up to [*] equity shares of face value of Rs.5 each aggregating up to Rs.325.00 Crores ("Fresh Issue") and an offer for sale of up to [*] equity shares of face value of Rs.5 each ("Offered Shares") aggregating up to Rs.175.00 Crores, comprising of up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.90.00 Crores by akuri srinivasa reddy, up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.30.00 Crores by a sandhya ("Promoter Selling Shareholders") and up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.5.00 Crores by akuri sakesh reddy, up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.50.00 Crores by akuri deepthi, up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.4.00 Crores by k sivareddy ("promoter group selling shareholders") and up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.12.00 Crores by satyanarayana reddy akuri, up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.12.00 Crores by anil kondoth, up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs. 11.20 Crores by dantuluri krishna harish varma, up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.4.00 Crores by venkata lakshmi narasimha murthy chilla, up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.1.00 Crores by arjun nagulapally, up to [*] equity shares of face value of Rs.5 each, aggregating up to Rs.0.80 Crores by ambati sreedhar (the "Individual Selling Shareholders" and collectively with the promoter selling shareholders and promoter group selling shareholders, the "Selling Shareholders" and such offer for sale of equity shares offered by the selling shareholders, the "Offer for Sale").
The offer includes a reservation of up to [*] equity shares of face value of Rs. 5 each, aggregating up to Rs. [*] Crores (constituting up to [*]% of the post-offer paid up equity share capital) for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The company may in consultation with the brlm, offer a discount of Rs.[*] on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount").
The company, in consultation with the brlm, may consider a pre-ipo placement of specified securities, at its discretion, prior to filing of the red herring prospectus with the roc. The pre-ipo placement, if undertaken, will be at a price to be decided by the company.