Shining Tools Ltd

Initial public issue of 15,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Shining Tools Limited (the Company or ACL or the Issuer) at an issue price of Rs. [] per equity share for cash, aggregating up to Rs. [] crores (Public Issue) out of which 75,600 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). The public issue less market maker reservation portion i.e. issue of 14,24,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [] per equity share for cash, aggregating upto 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 face value of the equity shares is Rs. 10.00 each and the issue price of Rs. [] is [] times of the face value risk in relation to the first issue.