| Initial public issue of 21,42,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Srivari Spices and Foods Limited (the "Company" or "Srivari" or "Issuer") at an issue price of 42 per equity share (including a share premium of Rs. 32 per equity share) for cash, aggregating up to
Rs. 9.00 crores* ("Public Issue") out of which 1,08,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 42 per equity share for cash, aggregating Rs. 0.46 crores was 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 20,34,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 42 per equity share for cash, aggregating up to Rs. 8.54 crores* is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 29.99 % and 28.48 % respectively of the post-issue paid-up equity share capital of the company.
*Subject to finalization of basis of allotment
The face value of the equity share is Rs. 10 and offer price is Rs. 42.
The offer price is 4.2 times of the face value of the equity share.
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