|Tarsons Products Ltd
Martin Burn Business Park,R No 902 BP-3 Salt Lake Sec-V
91-33-3522 0300 Fax:
Email : firstname.lastname@example.org
Website : www.tarsons.com
|Initial public offer of 15,465,861 equity shares of face value of Rs. 2 each ("Equity Shares") of Tarsons Products Limited (The "Company" or the "Issuer") for cash at a price of Rs. 662 per equity share (including a share premium of Rs. 660 per equity share) ("Offer Price") aggregating to
Rs. 1023.47* crores (The "Offer") comprising a fresh issue of 2,265,861* equity shares aggregating to Rs. 149.634* crores by the company (The "Fresh Issue") and an offer for sale of 13,200,000 equity shares aggregating to
Rs. 873.84* crores comprising of 390,000* equity shares by Sanjive Sehgal aggregating to Rs. 25.81* crores, 310,000* equity shares by Rohan Sehgal aggregating to Rs. 20.52* crores (Sanjive Sehgal and Rohan Sehgal aggregating to Rs. 46.34* crores, together "Promoter Selling Shareholders") and 12,500,000* equity shares aggregating to Rs. 827.50# crores by Clear Vision Investment Holdings Pte. Limited (The "Investor Selling Shareholder", together with the promoter selling shareholders, the "Selling Shareholders" and such equity shares, the "Offered Shares") (The "Offer for Sale").
The offer includes a reservation of 60,000* equity shares, aggregating to
Rs. 3.60* crores (constituting 0.11% of the post-offer paid-up equity share capital), for subscription by eligible employees (The "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute 29.07% and 28.95% (subject to finalization of basis of allotment), respectively, of the post-offer paid-up equity share capital of the company.
The face value of equity shares is Rs. 2 each. The offer price is 331 times the face value of the equity shares.
*The company and the selling shareholders in consultation with the brlms, have offered a discount of 9.21% of the offer price (equivalent of Rs. 61 per equity share) to eligible employees bidding in the employee reservation portion.
* Subject to finalization of basis of allotment
Bids cans be made for a minimum of 22 equity and in multiple of 22 shares thereafter.
||Money Payable On
|Minimum Application for shares in Nos :22 Further Multiples of :22
||Lead Managers to the Issue
|Edelweiss Financial Services Ltd|
|Project Financed through Current Offer
|Post Issue Equity Share Capital