Novavente Ltd

Initial public offer of up to 13,34,000* equity shares of face value of Rs. 10/- each (the Equity Shares) of Novavente Limited (the Company or Novavente or the Issuer) at an issue price of Rs. [] per equity share for cash, aggregating to Rs. [] crores (Public Issue) out of which upto 67,000* equity shares of face value of Rs. 10/- each, at an issue price of Rs. [] per equity share for cash, aggregating to 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 upto 12,67,000* equity shares of face value of Rs. 10/- each, at an issue price of Rs. [] per equity share for cash, aggregating to Rs. [] crores is herein after 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. * Subject to finalisation of basis of allotment.