Grace Renewable Energy Ltd

Initial public offer of upto 55,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Grace Renewable Energy Limited (the Company or the Issuer) at an issue price of Rs. [] per equity share (including a Share Premium of [] 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 here inafter 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.