Kalpataru Ltd

Initial public offering of up to [] equity shares of face value of Rs. 10 each (Equity Shares) of Kalpataru Limited (Company) for cash at a price of Rs. [] per equity share (including a share premium of Rs. [] per equity share) (Issue Price) aggregating up to Rs. 1590.00 crores (Issue). The issue includes a reservation of up to [] equity shares aggregating up to Rs. [] crores (constituting up to []% of the post-issue paid-up equity share capital of the company) for subscription by eligible employees (the Employee Reservation Portion). The company, in consultation with the book running lead managers (brlms), may offer a discount of up to []% of the issue price to eligible employees bidding in the employee reservation portion (Employee Discount). The issue less the employee reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue shall constitute []% and [*]%, respectively, of the post-issue paid-up equity share capital of the company. The company, in consultation with the brlms, may consider a further issue of equity shares through a private placement, preferential offer or any other method as may be permitted under applicable law to any person(s), aggregating up to Rs. 318.00 crores, at its discretion, prior to filing of the red herring prospectus with the roc (pre-ipo placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr). The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the issue. Prior to the completion of the issue and the allotment pursuant to the pre-ipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement, that there is no guarantee that the company may proceed with the issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the rhp and prospectus. The price band, the employee discount and the minimum bid lot will be decided by the company.