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IPO Size
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Initial public offer of upto 50,70,000 equity shares of face value of INR 10/- each (the equity shares) of Shri Hare-Krishna Sponge Iron Limited (the company or shksil or the issuer) at an issue price of Rs.[] per equity share for cash, aggregating up to Rs.[] crores (public issue) out of which 2,58,000 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 [] equity shares of face value of INR 10 each, at an issue price of INR [] per equity share for cash, aggregating upto INR [*] crores is herein after referred to as the net issue. the public issue and net issue will constitute 26.42% and 25.07% 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 in consultation with the brlm.
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