Parth Electricals & Engineering Ltd

Initial public offer of upto 36,50,000 equity shares of face value of Rs. 10/- each (Equity Shares) of the company 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), and [] equity shares aggregating up to Rs. [] crores will be reserved for subscription by eligible employees (As Defined Hereinafter) (the Employee Reservation Portion). The company, in consultation with the brlm, may offer a discount of up to [] % of the offer price (Equivalent to Rs. [] per Equity Share) to the eligible employees bidding in the employee reservation portion (Employee Discount). The public issue less market maker reservation portion and employee 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 company, in consultation with the book running lead managers, may consider a further issue of specified securities of up to 7,25,000 equity shares through a private placement, preferential issue or any other method, as may be permitted under applicable law to any person(s), for cash consideration aggregating up to Rs. [], at the discretion, prior to the filing of the (Pre-ipo Placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company. If the pre-ipo placement is undertaken, the amount raised from the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. If the pre-ipo placement is undertaken, the company shall report to the stock exchange(s) within twenty-four hours of such pre-ipo placement transactions (in part or in entirety). The price band and the minimum bid lot will be decided by the company.