Initial public offer of upto 46,00,000 equity shares of face value of Rs.10/- each (the "equity shares") of Wagons Learning Limited ("the company" or "Wagons" or "the issuer") at an offer price of Rs. [*]/- per equity share for cash, aggregating Rs.[*] crores comprising of fresh offer of upto 37,40,000 equity shares aggregating to Rs.[*] crores ("fresh offer") and an offer for sale of upto 8,60,000 equity shares by promoters ("selling shareholders") aggregating to Rs.[*] crores ("offer for sale") ("public offer"). The offer includes a reservation of [*] 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 [*] 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 the equity shares in 10/- each and the offer price is [*] times of the face value.