| Initial public offer of 16,092,195* equity shares of face value of Rs. 5 each (Equity Shares) of Laxmi India Finance Limited (Company ) for cash at a price of Rs. 158 per equity share (including a share premium of Rs. 153 per equity share) (the Offer Price) aggregating to Rs. 254.26* crores (the Offer) comprising a fresh issue of 10,453,575* equity shares of face value of Rs. 5 each aggregating to Rs. 165.17* crores by the company (the Fresh Issue) and an offer for sale of 5,638,620* equity shares aggregating to Rs. 89.09* crores (the Offer for Sale) by the selling shareholders, consisting of 3,084,952* equity shares aggregating to Rs. 48.74* crores by Deepak Baid, 913,070* equity shares of face value of Rs. 5 each aggregating to Rs. 14.43* crores by Prem Devi Baid, 1,261,902* equity shares of face value of Rs. 5 each aggregating to Rs. 19.94* crores by Aneesha Baid, 180,000* equity shares of face value of Rs. 5 each aggregating to Rs. 2.84* crores by Deepak Hitech Motors Private Limited, 90,000* equity shares of face value of Rs. 5 each aggregating to Rs. 1.42* crores by Prem Dealers Private Limited, 54,348* equity shares of face value of Rs. 5 each aggregating to Rs.0. 86* crores by Preeti Chopra and 54,348* equity shares of face value of Rs. 5 each aggregating to Rs.0.86* crores by Rashmi Giria (collectively referred to as the Selling Shareholders and such equity shares offered by the selling shareholders, Offered Shares). The offer constitutes 30.79% of the post-offer paid-up equity share capital of the company. The offer included a reservation of 160,928* equity shares of face value of Rs. 5 each, aggregating to Rs.2.54* crores (constituting to 0.31% of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 30.79% and 30.48%, respectively, of the post-offer paid-up equity share capital of the company. *Subject to finalization of the basis of allotment. |