| Initial public offering of up to 2,78,00,000 equity shares of face value of Rs. 5 each ( the "Equity Shares") of Garuda Construction and Engineering Limited ("The Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. [*] crores ("The Offer"). The offer comprises of a fresh issue of up to 1,83,00,000. equity shares aggregating up to
Rs. [*] crores ("Fresh Issue") and an offer for sale of up to 1.25.00,000 equity shares by the promoter, PKH Ventures Limited aggregating up to
Rs. [*] crores (the "Promoter Selling Shareholder") (the "Offer for Sale", together with the fresh issue, the "Offer"). The offer will constitute [*]% of its post-offer paid-up equity share capital.
Price Band: Rs.90 to Rs.95 per equity share of face value of Rs.5 each.
The Floor price is 18 times the face value of the equity shares and cap price is 19 times the face value of the equity shares.
Bid can be made for a minimum of 157 equity shares and in multiples of 157 equity shares.
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