Western Carriers India IPO

Initial public offering of up to [] equity shares of face value of Rs. 5 each (Equity Shares) of Western Carriers (India) Limited (The Company or the Isuer) for cash at a price of Rs. [] per equity share (including a premium of Rs. [] per equity share) (the Offer Price) aggregating up to Rs. [] million (the Offer) comprising a fresh issue of up to [] equity shares by the company aggregating up to Rs. 500.00 crores (the Fresh Issue) and an offer for sale of up to 9,328,995 equity shares aggregating up to Rs. [] crores (the Offer for Sale) by Rajendra Sethia (the Promoter Selling Shareholder and such equity shares offered by the promoter selling shareholder, the Offered Shares). The offer shall constitute []% of the post-offer paid-up equity share capital of the company. The company may, in consultation with the book running lead managers, undertake a further issue of specified securities through a private placement, preferential issue or any other method as may be permitted under applicable law to any person(s), for cash consideration aggregating up to Rs. 100.00 crores, at its discretion, with the roc (pre-ipo placement). The price of the specified securities allotted pursuant to the pre-ipo placement shall be determined by the company, in consultation with the book running lead managers. if the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to compliance with rule 19(2)(b) of the scrr. The face value of the equity share is Rs. 5 each and the offer price is [] times the face value of the equity shares. The price band and the minimum bid lot will be determined by the company.l