Premier Energies IPO

Initial public offering of up to [] equity shares of face value of Re. 1 each (Equity Shares) of Premier Energies Limited (The Company or the Issuer) for cash at a price of Rs. [] per equity share (the Offer Price) aggregating up to Rs. [] crores (the Offer) comprising a fresh issue of up to [] equity shares by the company aggregating up to Rs. 1500.00 crores (the Fresh Issue) and an offer for sale of up to 28,200,000 equity shares (the Offered Shares) aggregating up to Rs. [] crores (the Offer for Sale), comprising up to 23,846,400 equity shares aggregating to Rs. [] crores by South Asia Growth Fund II Holdings LLC, up to 153,600 equity shares aggregating to Rs. [] crores by South Asia EBT Trust (together, the Investor Selling Shareholders) and up to 4, 200,000 equity shares aggregating to Rs. [] crores by Chiranjeev Singh Saluja (the Promoter Selling Shareholder, and together with the investor selling shareholders, the Selling Shareholders). The offer includes a reservation of up to [] equity shares, aggregating up to Rs. [] crores (constituting up to []% of the post-offer paid-up equity share capital, for subscription by eligible employees (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute []% and [*]%, respectively, of the postoffer paid-up equity share capital of the company. The company, in consultation with the brlms, may consider issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 300.00 crores, at its discretion, 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 fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended. The price band, employee discount (if any) and minimum bid lot will be decided by the company.