Bhavik Enterprises Ltd

Initial public offer of 55,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Bhavik Enterprises Limited (the Company or BEL or the Issuer) at an offer price of Rs. 140/- per equity share for cash, aggregating up to Rs. 77.00 crores comprising of fresh offer of 45,00,000 equity shares aggregating to Rs. 63.00 crores (Fresh Offer) and an offer for sale of 10,00,000 equity shares by all promoters (Selling Shareholders) aggregating to Rs. 14.00 crores (Offer for Sale) (Public Offer). The offer includes a reservation of 2,80,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 140/- per equity share for cash, aggregating Rs. 3.92 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 up to 52,20,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 140/- per equity share for cash, aggregating upto Rs. 73.08 crores is herein after referred to as the Net Offer. The public offer and net offer will constitute 27.02 % and 25.64 %, respectively of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the offer price is 14.00 times of the face value. The minimum lot size is 1,000 equity shares.