Ventive Hospitality Ltd

Initial public offer of up to [] equity shares of face value of Re .1 each (Equity Shares) of Ventive Hospitality Limited (formerly known as Icc Realty (India) Private Limited) (Company) for cash at a price of Rs. [] per equity share of face value of Re. 1 each (including a securities premium of Rs. [] per equity share) (Issue Price) aggregating up to Rs. 2000.00 crores (Fresh Issue or The Issue). The issue shall constitute []% of the post-issue paid-up equity share capital of the company. The company, in consultation with the brlms, may consider a pre-ipo placement aggregating upto Rs. 400.00 crores, as may be permitted under the applicable law, at its discretion, with the roc. 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. The utilisation of the proceeds raised pursuant to the pre-ipo placement will be done towards the objects in compliance with applicable law. Prior to the completion of the issue, 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 issue or the issue 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) shall be appropriately made in the relevant sections of the red herring prospectus and the prospectus. The face value of equity shares is Re. 1 each. The issue price is [] times the face value of the equity shares. The issue includes a reservation of up to [] equity shares of face value of Re. 1, aggregating up to Rs. [] crores (constituting up to []% of the post-issue paid-up equity share capital), for subscription by eligible employees (Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue shall constitute [] % and [] % of the post-issue paid-up equity share capital of the company, respectively. The price band and the minimum bid lot will be decided by the company.