Varmora Granito Ltd

Initial public offering of up to [] equity shares of face value of Rs.2/- each (Equity Shares) of Varmora Granito Limited (Company or Issuer) for cash at a price of Rs.[] per equity share (including a share premium of Rs.[] per equity share) (Offer Price) aggregating up to Rs. [] crores (the Offer) comprising of a fresh issue of up to [] equity shares of face value of Rs. 2/- each aggregating up to Rs. 400.00 crores (Fresh Issue) and an offer for sale of up to 52,435,268 equity shares of face value of Rs.2/- each aggregating up to Rs. [] crores comprising of up to 49,156,579 equity shares of face value of Rs.2/- each aggregating up to Rs. [] crores by Katsura Investments (Referred to as the Investor Selling Shareholder), up to 1,092,897 equity shares of face value of Rs.2/- each aggregating up to Rs. [] crores by Parsotambhai Jivrajbhai Patel, up to 1,092,896 equity shares of face value of Rs.2/- each aggregating up to Rs. [] crores by Ramanbhai Jivrajbhai Varmora and up to 1,092,896 equity shares of face value of Rs.2/- each aggregating up to Rs. [] crores by Vallabhbhai Jivrajbhai Varmora (Collectively Referred to as the Promoter Group Selling Shareholders and with the investor selling shareholder, the Selling Shareholders, and such equity shares offered by the selling shareholders, the Offered Shares). The offer shall constitute []% of the post-offer paid up equity share capital of the company. The company, in consultation with the brlms, may consider a pre-ipo placement, prior to filing of 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 scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken). The face value of the equity shares is Rs.2/- each. the offer price is [] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.