GLEN Industries Ltd

Initial public offer of upto 65,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Glen Industries Limited (the Company or GIL or Issuer) at an issue price of Rs. [] per equity share (Including a Share Premium of Rs. [] per Equity Share) for cash, aggregating up to Rs. [] crores (Public Issue) out of which [] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [] per equity share for cash, aggregating Rs. [] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of [] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [] per equity share for cash, aggregating up to Rs. [] crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute [] % and [] % respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company. The offer included a reservation of [] equity shares, aggregating to Rs. [] crores (Constituting [] % of the post offer paid-up equity share capital of the company, for subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constitute [] % and [] %, respectively, of the post-offer paid-up equity share capital of its company. The company, in consultation with the book running lead managers (brlms), offered a discount of [*] % on the offer price to eligible employees bidding in the employee reservation portion (Employee Discount).