APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
THE ISSUE<br />
Issue by our Company<br />
Of which:<br />
A. Qualified Institutional Buyers<br />
Portion*<br />
Equity Shares Offered<br />
[] Equity Shares<br />
Of which<br />
Anchor Investor Portion*<br />
Net QIB Portion<br />
[] Equity Shares constituting upto 50% of the Issue. 5% of the Net QIB<br />
Portion i.e. [] Equity Shares shall be available for Allocation to Mutual<br />
Funds only. Mutual Fund Bidders shall also be eligible for allocation under<br />
the balance available in the QIB portion.<br />
B. Non-Institutional Portion [] Equity Shares constituting not less than 15% of the Issue that will be<br />
available for Allocation to Non-Institutional Bidders.<br />
C. Retail Portion [] Equity Shares constituting not less than 35% of the Issue that will be<br />
available for Allocation to Retail Individual Bidders.<br />
Equity Shares outstanding prior to the 1,82,31,480 Equity Shares<br />
Issue<br />
Equity Shares outstanding after the [] Equity Shares<br />
Issue<br />
Use of Proceeds Please refer to chapter titled “Objects of the Issue” beginning on page 58<br />
of this Draft Red Herring Prospectus for information or use of Issue<br />
proceeds.<br />
*Our Company may allocate upto 30% of the QIB Portion to Anchor Investors on a discretionary basis. One-third of the Anchor<br />
Investor Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at<br />
or above the price at which allocation is being done to Anchor Investors. For further details, see “Issue Procedure” on page 213<br />
of this Draft Red Herring Prospectus.<br />
Notes:<br />
1. Allocation to all categories except Anchor Investor Portion, if any shall be made on a proportionate basis subject to<br />
valid Bids received at or above the Issue Price.<br />
2. In case of under-subscription in the Issue, spillover to the extent of under- subscription shall be permitted from other<br />
categories or a combination of categories at the discretion of our Company in consultation with the BRLMs and the<br />
Designated Stock Exchange. Such inter-se spillover, if any, would be effectuated in accordance with applicable laws,<br />
rules, regulations and guidelines. In case inadequate demands from the mutual funds, the Equity shares will be made<br />
available to the QIBs other than the mutual funds.<br />
37
Change language