Saffron Speciality Papers Ltd

Initial public offering of up to 54,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Saffron Speciality Papers Limited (the Company or the Issuer) for cash at a price of Rs. [] per equity share (Including a Premium of Rs. [] per Equity Share) (Issue Price) aggregating Rs. [] crores (the Issue), of which upto [] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [] per equity share including a share premium of Rs. [] per equity share aggregating to Rs. [] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of upto [] equity shares of face value of Rs. 10/- each at a price of Rs. [] per equity share including a share premium of Rs. [] per equity share aggregating to Rs. [] crores is herein after referred to as the Net Issue. The issue and net issue will constitute []% and []% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is [] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.